Credit Suisse Group AG reissued their outperform rating on shares of Wolseley plc (LON:WOS) in a research note issued to investors on Wednesday morning. Credit Suisse Group AG currently has a GBX 4,600 ($60.04) price target on the stock.
WOS has been the topic of a number of other reports. Deutsche Bank AG reaffirmed a hold rating and issued a GBX 3,700 ($48.30) target price on shares of Wolseley plc in a report on Thursday, June 2nd. Goodbody reaffirmed a hold rating on shares of Wolseley plc in a report on Wednesday, June 1st. BNP Paribas reiterated an underperform rating and issued a GBX 3,910 ($51.04) price target on shares of Wolseley plc in a research note on Thursday, June 30th. Liberum Capital reiterated a buy rating and issued a GBX 4,100 ($53.52) price target on shares of Wolseley plc in a research note on Tuesday, July 12th. Finally, 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 Friday, September 16th. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and ten have assigned a buy rating to the company. The company has an average rating of Hold and a consensus target price of GBX 4,265 ($55.67).
Wolseley plc (LON:WOS) opened at 4300.00 on Wednesday. The stock has a 50 day moving average price of GBX 4,327.97 and a 200-day moving average price of GBX 4,021.63. The company’s market cap is GBX 10.97 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 disclosed 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 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 related news, insider Shoylekov,Richard sold 352 shares of Wolseley plc stock in a transaction that occurred 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).
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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