Wolseley plc (WOS) Stock Rating Reaffirmed by Societe Generale
Wolseley plc (LON:WOS)‘s stock had its “buy” rating reissued by stock analysts at Societe Generale in a research note issued on Friday. They currently have a GBX 4,600 ($60.04) price objective on the stock. Societe Generale’s target price would indicate a potential upside of 4.69% from the stock’s current price.
A number of other research firms also recently commented on WOS. Canaccord Genuity lifted their target price on shares of Wolseley plc from GBX 4,150 ($54.17) to GBX 4,340 ($56.65) and gave the stock a “buy” rating in a research report on Tuesday, September 6th. Barclays PLC lifted their target price on shares of Wolseley plc from GBX 4,400 ($57.43) to GBX 5,000 ($65.27) and gave the stock an “overweight” rating in a research report on Thursday, September 15th. Jefferies Group downgraded shares of Wolseley plc to a “hold” rating and lifted their target price for the stock from GBX 3,980 ($51.95) to GBX 4,180 ($54.56) in a research report on Friday, August 5th. Credit Suisse Group AG reaffirmed an “outperform” rating and issued a GBX 4,600 ($60.04) target price on shares of Wolseley plc in a research report on Wednesday, July 27th. Finally, Liberum Capital reaffirmed a “hold” rating and issued a GBX 4,100 ($53.52) target price on shares of Wolseley plc in a research report on Friday, May 27th. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and twelve have assigned a buy rating to the stock. Wolseley plc currently has a consensus rating of “Hold” and an average target price of GBX 4,197.05 ($54.78).
Wolseley plc (LON:WOS) opened at 4394.00 on Friday. The company’s market cap is GBX 11.21 billion. The company has a 50-day moving average price of GBX 4,299.69 and a 200-day moving average price of GBX 3,995.01. Wolseley plc has a 1-year low of GBX 3,214.00 and a 1-year high of GBX 4,458.00.
In other Wolseley plc news, insider Shoylekov,Richard sold 352 shares of Wolseley plc stock in a transaction on 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).
Wolseley plc Company Profile
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.
Receive News & Ratings for Wolseley plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wolseley plc and related companies with Analyst Ratings Network's FREE daily email newsletter.