Wolseley (LON:WOS) Rating Reaffirmed
AlphaValue now has a GBX 4202 Estimated Target Price on shares of Wolseley (LON:WOS). The Estimated Target Price may mean a potential upside of 6.70% from the previous close of Wolseley (LON:WOS). This rating was announced to investors in a note on 3 December.
From a total of 21 analysts covering Wolseley (LON:WOS) stock, 12 rate it a ”Buy”, 1 a “Sell”, and 8 a ”Hold”. This means that 57% of the ratings are positive. The highest target price is GBX 5305 while the lowest target price is GBX 3625. The mean of all analyst targets is GBX 4289.58 with a 8.84% above today’s (GBX 3941) stock price. Wolseley was the topic of 59 analyst reports since July 21, 2015 according to the firm StockzIntelligence Inc. Liberum Capital maintained shares on November 26 with “Hold” rating. Deutsche Bank downgraded shares to “Hold” rating and GBX 3625 target share price in a report from a November 16. Barclays Capital maintained WOS stock in a recent report from November 18 with “Overweight” rating. Numis Securities maintained the rating on November 16. Numis Securities has a “Hold” rating and a GBX 3845 price target on shares. Finally, Citigroup maintained the stock with “Buy” rating in a report issued on a November 16.
Approximately 185,144 shares of stock traded hands. Wolseley plc (LON:WOS) has risen 1.95% since May 6, 2015 and is uptrending. It has outperformed by 2.24% the S&P500.
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 has a market cap of 10.06 billion GBP. The Firm operates in seven divisions: USA, UK, Canada, Nordic, France, Central and Eastern Europe, and Group. It has 31.8 P/E ratio. The Group has a network of distribution centers which serve branches for its plumbing and heating businesses with 2,917 branches across 11 countries.