Liberum Capital reissued their buy rating on shares of Wolseley plc (LON:WOS) in a research note released on Monday, StockTargetPrices.com reports. They currently have a GBX 4,700 ($58.17) target price on the stock.
Other research analysts have also issued reports about the company. JPMorgan Chase & Co. dropped their price objective on Wolseley plc from GBX 4,400 ($54.46) to GBX 4,350 ($53.84) and set a neutral rating for the company in a research note on Friday, September 30th. Jefferies Group dropped their price objective on Wolseley plc from GBX 4,330 ($53.59) to GBX 3,980 ($49.26) and set a buy rating for the company in a research note on Wednesday, June 29th. Goldman Sachs Group Inc. reiterated a buy rating and set a GBX 4,226 ($52.30) price objective on shares of Wolseley plc in a research note on Tuesday, June 28th. Canaccord Genuity increased their price objective on Wolseley plc from GBX 4,150 ($51.36) to GBX 4,340 ($53.71) and gave the stock a buy rating in a research note on Tuesday, September 6th. Finally, Societe Generale reiterated a buy rating and set a GBX 4,600 ($56.93) price objective on shares of Wolseley plc in a research note on Friday, September 16th. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating and nine have assigned a buy rating to the company’s stock. The stock has an average rating of Hold and a consensus price target of GBX 4,280.18 ($52.97).
Wolseley plc (LON:WOS) opened at 4552.00 on Monday. The firm’s 50-day moving average is GBX 4,372.75 and its 200-day moving average is GBX 4,055.11. Wolseley plc has a 12 month low of GBX 3,214.00 and a 12 month high of GBX 4,605.00. The firm’s market capitalization is GBX 11.54 billion.
The business also recently announced a dividend, which will be paid on Thursday, December 1st. Shareholders of record on Thursday, October 27th will be issued a dividend of GBX 66.72 ($0.83) per share. The ex-dividend date is Thursday, October 27th. This represents a yield of 1.57%. This is a boost 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 ($50.66), for a total transaction of £14,407.36 ($17,830.89).
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.
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.