Wolseley plc’s (WOS) Neutral Rating Reaffirmed at JPMorgan Chase & Co.
Wolseley plc (LON:WOS)‘s stock had its “neutral” rating restated by equities researchers at JPMorgan Chase & Co. in a report released on Tuesday. They presently have a GBX 4,400 ($57.43) price target on the stock. JPMorgan Chase & Co.’s price objective would indicate a potential upside of 0.14% from the stock’s current price.
WOS has been the subject of several other research reports. Jefferies Group decreased their price target on shares of Wolseley plc from GBX 4,330 ($56.52) to GBX 3,980 ($51.95) and set a “buy” rating for the company in a research report on Wednesday, June 29th. Barclays PLC raised their price target on shares of Wolseley plc from GBX 4,400 ($57.43) to GBX 5,000 ($65.27) and gave the company an “overweight” rating in a research report on Thursday, September 15th. Societe Generale reissued a “buy” rating and issued a GBX 4,600 ($60.04) price target on shares of Wolseley plc in a research report on Friday. BNP Paribas reissued an “underperform” rating and issued a GBX 3,910 ($51.04) price target on shares of Wolseley plc in a research report on Thursday, June 30th. Finally, Canaccord Genuity raised their price target on shares of Wolseley plc from GBX 4,150 ($54.17) to GBX 4,340 ($56.65) and gave the company a “buy” rating in a research report on Tuesday, September 6th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and twelve have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of GBX 4,210.68 ($54.96).
Wolseley plc (LON:WOS) opened at 4398.00 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 company has a 50 day moving average price of GBX 4,299.69 and a 200 day moving average price of GBX 3,995.01. The firm’s market capitalization is GBX 11.22 billion.
In other Wolseley plc news, insider Shoylekov,Richard sold 352 shares of Wolseley plc stock in a transaction on Monday, July 18th. The shares were 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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