Wolseley plc (LON:WOS)‘s stock had its “buy” rating restated by research analysts at Liberum Capital in a report released on Tuesday. They currently have a GBX 4,650 ($60.70) price target on the stock. Liberum Capital’s target price points to a potential upside of 9.15% from the company’s current price.
A number of other analysts have also recently weighed in on WOS. JPMorgan Chase & Co. restated an “overweight” rating and issued a GBX 4,300 ($56.13) price objective on shares of Wolseley plc in a research note on Wednesday, June 1st. Goodbody restated a “hold” rating on shares of Wolseley plc in a research note on Wednesday, June 1st. Peel Hunt restated a “hold” rating and issued a GBX 3,890 ($50.78) price objective on shares of Wolseley plc in a research note on Wednesday, June 1st. Canaccord Genuity reaffirmed a “buy” rating and set a GBX 4,400 ($57.43) target price on shares of Wolseley plc in a research report on Wednesday, June 1st. Finally, Deutsche Bank AG reaffirmed a “hold” rating and set a GBX 3,700 ($48.30) target price on shares of Wolseley plc in a research report on Thursday, June 2nd. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and ten have assigned a buy rating to the company’s stock. Wolseley plc currently has a consensus rating of “Hold” and an average target price of GBX 4,253.64 ($55.52).
Wolseley plc (LON:WOS) opened at 4260.00 on Tuesday. Wolseley plc has a 52-week low of GBX 3,214.00 and a 52-week high of GBX 4,458.00. The stock has a 50 day moving average of GBX 4,327.97 and a 200-day moving average of GBX 4,021.63. The company’s market capitalization is GBX 10751.63 billion.
The business also recently declared a dividend, which will be paid on Thursday, December 1st. Investors of record on Thursday, October 27th will be given a dividend of GBX 66.72 ($0.87) per share. This is an increase from Wolseley plc’s previous dividend of $33.28. The ex-dividend date is Thursday, October 27th. This represents a yield of 1.57%.
In related news, insider Shoylekov,Richard sold 352 shares of the company’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.
Receive News & Ratings for Wolseley plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wolseley plc and related companies with MarketBeat.com's FREE daily email newsletter.