Wolseley plc (LON:WOS) has been given an average recommendation of “Hold” by the twenty-four brokerages that are covering the firm. Two analysts have rated the stock with a sell recommendation, eleven have assigned a hold recommendation and ten have issued a buy recommendation on the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is GBX 4,260.95 ($55.62).
A number of research firms recently issued reports on WOS. Credit Suisse Group AG reaffirmed an “outperform” rating and set a GBX 4,600 ($60.04) target price on shares of Wolseley plc in a report on Wednesday, September 28th. Liberum Capital reissued a “buy” rating and issued a GBX 4,650 ($60.70) price target on shares of Wolseley plc in a research note on Tuesday, September 20th. Barclays PLC reissued an “overweight” rating and issued a GBX 5,000 ($65.27) price target on shares of Wolseley plc in a research note on Wednesday, September 28th. Royal Bank Of Canada raised Wolseley plc to an “outperform” rating and lifted their price target for the stock from GBX 3,400 ($44.38) to GBX 4,000 ($52.21) in a research note on Thursday, June 9th. Finally, Societe Generale reissued a “buy” rating and issued a GBX 4,600 ($60.04) price target on shares of Wolseley plc in a research note on Friday, September 16th.
Wolseley plc (LON:WOS) opened at 4354.348 on Friday. The company has a 50-day moving average of GBX 4,333.76 and a 200 day moving average of GBX 4,025.94. The stock’s market cap is GBX 11.04 billion. Wolseley plc has a 12-month low of GBX 3,214.00 and a 12-month high of GBX 4,458.00.
The firm also recently declared a dividend, which will be paid on Thursday, December 1st. Shareholders of record on Thursday, October 27th will be given a GBX 66.72 ($0.87) dividend. This is an increase from Wolseley plc’s previous dividend of $33.28. This represents a yield of 1.57%. The ex-dividend date is Thursday, October 27th.
In other news, insider Shoylekov,Richard sold 352 shares of the business’s stock in a transaction that occurred on Monday, July 18th. The stock was sold at an average price of GBX 4,093 ($53.43), for a total transaction 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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