A number of other equities research analysts have also issued reports on WOS. JPMorgan Chase & Co. restated an overweight rating and issued a GBX 4,300 ($56.13) price target on shares of Wolseley plc in a research report on Wednesday, June 1st. Canaccord Genuity restated a buy rating and issued a GBX 4,400 ($57.43) price target on shares of Wolseley plc in a research report on Wednesday, June 1st. Natixis restated a neutral rating and issued a GBX 3,900 ($50.91) price target on shares of Wolseley plc in a research report on Thursday, June 2nd. Goodbody restated a hold rating on shares of Wolseley plc in a research report on Wednesday, June 1st. Finally, BNP Paribas decreased their price objective on Wolseley plc from GBX 3,780 ($49.34) to GBX 3,600 ($46.99) and set an underperform rating on the stock in a report on Thursday, June 2nd. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and ten have issued a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus target price of GBX 4,253.64 ($55.52).
Shares of Wolseley plc (LON:WOS) opened at 4256.00 on Tuesday. Wolseley plc has a 1-year low of GBX 3,214.00 and a 1-year high of GBX 4,458.00. The company’s market capitalization is GBX 10.86 billion. The stock has a 50 day moving average price of GBX 4,325.14 and a 200 day moving average price of GBX 4,018.06.
The firm also recently announced a dividend, which will be paid on Thursday, December 1st. Investors of record on Thursday, October 27th will be issued a GBX 66.72 ($0.87) dividend. This represents a yield of 1.57%. The ex-dividend date of this dividend is Thursday, October 27th. This is a positive change from Wolseley plc’s previous dividend of $33.28.
In other Wolseley plc news, insider Shoylekov,Richard sold 352 shares of the firm’s stock in a transaction dated 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).
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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