Wolseley plc (LON:WOS) had its price objective lifted by Numis Securities Ltd from GBX 3,845 ($50.19) to GBX 4,240 ($55.35) in a research report report published on Wednesday morning. Numis Securities Ltd currently has a hold rating on the stock.
Several other research firms have also commented on WOS. Canaccord Genuity lifted their price target 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 research report on Tuesday, September 6th. JPMorgan Chase & Co. reaffirmed a neutral rating and set a GBX 4,400 ($57.43) price target on shares of Wolseley plc in a research report on Tuesday, September 20th. Liberum Capital reaffirmed a buy rating and set a GBX 4,650 ($60.70) price target on shares of Wolseley plc in a research report on Tuesday, September 20th. BNP Paribas reaffirmed an underperform rating and set a GBX 4,200 ($54.82) price target on shares of Wolseley plc in a research report on Monday, September 26th. Finally, Societe Generale reaffirmed a buy rating and set a GBX 4,600 ($60.04) price target on shares of Wolseley plc in a research report on Friday, September 16th. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and ten have issued a buy rating to the company. The company presently has a consensus rating of Hold and a consensus target price of GBX 4,262.73 ($55.64).
Shares of Wolseley plc (LON:WOS) opened at 4419.00 on Wednesday. Wolseley plc has a 12 month low of GBX 3,214.00 and a 12 month high of GBX 4,458.00. The company’s market cap is GBX 11.20 billion. The firm’s 50-day moving average price is GBX 4,339.50 and its 200 day moving average price is GBX 4,033.01.
The company also recently declared a dividend, which will be paid on Thursday, December 1st. Investors of record on Thursday, October 27th will be issued a dividend of GBX 66.72 ($0.87) per share. This is a boost from Wolseley plc’s previous dividend of $33.28. This represents a yield of 1.57%. The ex-dividend date of this dividend is Thursday, October 27th.
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 transaction 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.
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