Wickes Group plc (WIX.L) – What Are Analysts Thinking About This Stock?

Wickes Group plc (LON:WIX) has earned an average recommendation of “Moderate Buy” from the six analysts that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating on the company. The average 12 month target price among brokerages that have covered the stock in the last year is GBX 238.33.

Several brokerages recently weighed in on WIX. Deutsche Bank Aktiengesellschaft reiterated a “sell” rating and issued a GBX 165 price objective on shares of Wickes Group in a research report on Wednesday, September 16th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 265 price target on shares of Wickes Group in a report on Wednesday, October 21st. Jefferies Financial Group reissued a “buy” rating and issued a GBX 250 price objective on shares of Wickes Group in a report on Tuesday, October 20th. Shore Capital Group reaffirmed a “buy” rating and set a GBX 280 target price on shares of Wickes Group in a research note on Tuesday, July 21st. Finally, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 260 price target on shares of Wickes Group in a research note on Tuesday, October 20th.

Wickes Group Stock Performance

WIX stock opened at GBX 245 on Thursday. The company has a debt-to-equity ratio of 638.77, a quick ratio of 0.58 and a current ratio of 1.03. The stock has a market capitalization of £537.18 million, a price-to-earnings ratio of 15.22, a PEG ratio of 0.79 and a beta of 0.81. Wickes Group has a 1 year low of GBX 169.20 and a 1 year high of GBX 255. The stock’s fifty day moving average is GBX 205.59 and its two-hundred day moving average is GBX 205.43.

Wickes Group (LON:WIX) last announced its quarterly earnings results on Tuesday, September 15th. The company reported GBX 9.60 earnings per share (EPS) for the quarter. Wickes Group had a net margin of 2.23% and a return on equity of 30.64%. On average, research analysts predict that Wickes Group will post 16.23 EPS for the current year.

Wickes Group Company Profile

Wickes is a digitally-led, service-enabled home improvement retailer, delivering choice, convenience, value and best-in-class service to customers across the United Kingdom, making it well placed to outperform its growing markets. In response to gradual structural shifts in its markets over recent years, Wickes has a balanced business focusing on three key customer journeys – TradePro, DIY (together reported as Retail) and our project-based Design & Installation division.

Wickes operates from its network of 230 stores, which support nationwide fulfilment from convenient locations throughout the United Kingdom, and through its digital channels including its website, TradePro mobile app for trade members, and Wickes DIY app.