Wolseley plc (WOS) PT Raised to GBX 5,000
Wolseley plc (LON:WOS) had its price objective lifted by Barclays PLC from GBX 4,400 ($57.43) to GBX 5,000 ($65.27) in a research report sent to investors on Thursday morning. Barclays PLC currently has an overweight rating on the stock.
Several other research analysts have also recently issued reports on the stock. Canaccord Genuity upped their target price on shares of Wolseley plc from GBX 4,150 ($54.17) to GBX 4,340 ($56.65) and gave the company a buy rating in a report on Tuesday, September 6th. Jefferies Group cut shares of Wolseley plc to a hold rating and upped their target price for the company from GBX 3,980 ($51.95) to GBX 4,180 ($54.56) in a report on Friday, August 5th. Credit Suisse Group AG restated an outperform rating and issued a GBX 4,600 ($60.04) target price on shares of Wolseley plc in a report on Wednesday, July 27th. BNP Paribas restated an underperform rating and issued a GBX 4,200 ($54.82) target price on shares of Wolseley plc in a report on Thursday, July 14th. Finally, Liberum Capital restated a buy rating and issued a GBX 4,100 ($53.52) target price on shares of Wolseley plc in a report on Tuesday, July 12th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and twelve have given a buy rating to the stock. Wolseley plc currently has an average rating of Hold and an average price target of GBX 4,235.68 ($55.29).
Shares of Wolseley plc (LON:WOS) opened at 4358.00 on Thursday. The firm’s market cap is GBX 11.12 billion. The stock has a 50 day moving average of GBX 4,301.27 and a 200 day moving average of GBX 3,998.80. Wolseley plc has a 12 month low of GBX 3,214.00 and a 12 month high of GBX 4,458.00.
In related news, insider Shoylekov,Richard sold 352 shares of the stock in a transaction dated Monday, July 18th. The shares were sold at an average price of GBX 4,093 ($53.43), for a total value of £14,407.36 ($18,806.11).
About Wolseley plc
Wolseley plc is a Switzerland-based specialist trade distributor of plumbing and heating products and building materials in North America, the United Kingdom and Continental Europe. The Company operates in seven segments: USA, UK, Canada, Nordic, France, Central and Eastern Europe, and Group. The Group has a network of distribution centers which serve branches for its plumbing and heating businesses with 2,917 branches across 11 countries.
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