Wolseley plc (WOSYY) Given Consensus Rating of “Buy” by Brokerages
Shares of Wolseley plc (NASDAQ:WOSYY) have been given an average rating of “Buy” by the nine brokerages that are presently covering the stock, MarketBeat reports. Four research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $6.50.
WOSYY has been the subject of several research analyst reports. Royal Bank Of Canada upgraded shares of Wolseley plc from a “sector perform” rating to an “outperform” rating in a report on Monday, July 31st. Zacks Investment Research upgraded shares of Wolseley plc from a “hold” rating to a “buy” rating and set a $6.50 price target on the stock in a research note on Saturday, July 29th. ValuEngine lowered shares of Wolseley plc from a “buy” rating to a “hold” rating in a research note on Friday, July 28th. Canaccord Genuity upgraded shares of Wolseley plc from a “hold” rating to a “buy” rating in a research note on Wednesday, June 21st. Finally, Liberum Capital raised shares of Wolseley plc from a “hold” rating to a “buy” rating in a research report on Friday, June 16th.
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Shares of Wolseley plc (WOSYY) opened at 5.95 on Wednesday. The firm’s 50-day moving average price is $6.11 and its 200-day moving average price is $6.23. Wolseley plc has a 12 month low of $5.06 and a 12 month high of $6.64.
Wolseley plc Company Profile
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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