Other analysts have also issued research reports about the stock. Barclays PLC reiterated an overweight rating and issued a GBX 5,000 ($65.27) price target on shares of Wolseley plc in a report on Wednesday, September 28th. JPMorgan Chase & Co. reiterated a neutral rating and issued a GBX 4,400 ($57.43) price target on shares of Wolseley plc in a report on Wednesday, September 28th. Canaccord Genuity reiterated a hold rating and issued a GBX 4,340 ($56.65) price target on shares of Wolseley plc in a report on Tuesday, September 27th. Liberum Capital reiterated a buy rating and issued a GBX 4,650 ($60.70) price target on shares of Wolseley plc in a report on Tuesday, September 27th. Finally, Peel Hunt lowered shares of Wolseley plc to a reduce rating and set a GBX 4,075 ($53.19) price target on the stock. in a report on Tuesday, September 27th. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and ten have given a buy rating to the company. The company currently has an average rating of Hold and a consensus target price of GBX 4,262.73 ($55.64).
Wolseley plc (LON:WOS) opened at 4419.00 on Wednesday. The firm’s market cap is GBX 11.20 billion. The company’s 50 day moving average is GBX 4,339.50 and its 200-day moving average is GBX 4,033.01. Wolseley plc has a 52 week low of GBX 3,214.00 and a 52 week high of GBX 4,458.00.
The company also recently announced a dividend, which will be paid on Thursday, December 1st. Shareholders of record on Thursday, October 27th will be paid a dividend of GBX 66.72 ($0.87) per share. This represents a yield of 1.57%. This is a positive change from Wolseley plc’s previous dividend of $33.28. The ex-dividend date of this dividend is Thursday, October 27th.
In other Wolseley plc news, insider Shoylekov,Richard sold 352 shares of the business’s 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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