Wolseley plc (LON:WOS) had its price target upped by Barclays PLC from GBX 4,400 ($57.43) to GBX 5,000 ($65.27) in a research report report published on Thursday. Barclays PLC currently has an overweight rating on the stock.
Several other analysts have also recently commented on the stock. Beaufort Securities reiterated a buy rating on shares of Wolseley plc in a research note on Thursday, June 2nd. Societe Generale reiterated a buy rating and issued a GBX 4,600 ($60.04) price target on shares of Wolseley plc in a research note on Thursday, June 2nd. Canaccord Genuity reiterated a buy rating and issued a GBX 4,400 ($57.43) price target on shares of Wolseley plc in a research note on Wednesday, June 1st. Berenberg Bank decreased their price target on shares of Wolseley plc from GBX 4,400 ($57.43) to GBX 4,200 ($54.82) and set a buy rating on the stock in a research note on Friday, June 3rd. Finally, Jefferies Group decreased their price target on shares of Wolseley plc from GBX 4,530 ($59.13) to GBX 4,330 ($56.52) and set a buy rating on the stock in a research note on Monday, June 13th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and twelve have given a buy rating to the stock. The stock currently has a consensus rating of Hold and an average target price of GBX 4,235.68 ($55.29).
Shares of Wolseley plc (LON:WOS) opened at 4358.00 on Thursday. The company’s market capitalization is GBX 11.12 billion. Wolseley plc has a 1-year low of GBX 3,214.00 and a 1-year high of GBX 4,458.00. The company has a 50 day moving average price of GBX 4,301.27 and a 200 day moving average price of GBX 3,998.80.
In related news, insider Shoylekov,Richard sold 352 shares of the firm’s stock in a transaction on 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).
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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