Several other equities research analysts have also weighed in on WOS. JPMorgan Chase & Co. restated an overweight rating and set a GBX 4,300 ($56.13) price target on shares of Wolseley plc in a research report on Wednesday, June 1st. Goodbody reiterated a hold rating on shares of Wolseley plc in a research note on Wednesday, June 1st. Peel Hunt reiterated a hold rating and set a GBX 3,890 ($50.78) price objective on shares of Wolseley plc in a research note on Wednesday, June 1st. Canaccord Genuity reiterated a buy rating and set a GBX 4,400 ($57.43) price objective on shares of Wolseley plc in a research note on Wednesday, June 1st. Finally, Deutsche Bank AG reiterated a hold rating and set a GBX 3,700 ($48.30) price objective on shares of Wolseley plc in a research note on Thursday, June 2nd. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and ten have assigned a buy rating to the company. The stock presently has an average rating of Hold and an average target price of GBX 4,262.73 ($55.64).
Wolseley plc (LON:WOS) opened at 4419.00 on Wednesday. The company’s market cap is GBX 11.20 billion. Wolseley plc has a 1-year low of GBX 3,214.00 and a 1-year high of GBX 4,458.00. The stock’s 50 day moving average price is GBX 4,339.50 and its 200 day moving average price is GBX 4,033.01.
The firm also recently disclosed a dividend, which will be paid on Thursday, December 1st. Stockholders of record on Thursday, October 27th will be paid a GBX 66.72 ($0.87) dividend. This is a positive change from Wolseley plc’s previous dividend of $33.28. The ex-dividend date is Thursday, October 27th. This represents a dividend yield of 1.57%.
In other news, insider Shoylekov,Richard sold 352 shares of the company’s stock in a transaction dated Monday, July 18th. The stock was sold at an average price of GBX 4,093 ($53.43), for a total value 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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