Wolseley plc (WOSYY) Receives Average Recommendation of “Buy” from Analysts
Shares of Wolseley plc (NASDAQ:WOSYY) have been given a consensus rating of “Buy” by the ten research firms that are currently covering the stock, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $6.50.
Several research analysts have weighed in on WOSYY shares. Zacks Investment Research upgraded shares of Wolseley plc from a “hold” rating to a “buy” rating and set a $6.50 target price on the stock in a research report on Saturday, July 29th. Canaccord Genuity upgraded shares of Wolseley plc from a “hold” rating to a “buy” rating in a research report on Wednesday, June 21st. ValuEngine upgraded shares of Wolseley plc from a “hold” rating to a “buy” rating in a research report on Tuesday, June 27th. J P Morgan Chase & Co upgraded shares of Wolseley plc from a “neutral” rating to an “overweight” rating in a research report on Monday, June 5th. Finally, Royal Bank Of Canada upgraded shares of Wolseley plc from a “sector perform” rating to an “outperform” rating in a research report on Monday, July 31st.
Wolseley plc (NASDAQ:WOSYY) opened at 5.95 on Friday. The company has a 50-day moving average of $6.11 and a 200-day moving average of $6.23. Wolseley plc has a 52 week low of $5.06 and a 52 week high of $6.64.
About Wolseley plc
Wolseley plc is the holding company of the Wolseley Group of companies. The Company is engaged in the distribution of plumbing and heating products and building materials. The Company’s segments include USA, UK, Nordic, and Canada and Central Europe. The Company operates seven business units in the United States, six of these mainly operate in the business to business (B2B) market with one operating in the business to consumer (B2C) market.
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