Societe Generale reissued their buy rating on shares of Wolseley plc (LON:WOS) in a research note published on Friday. Societe Generale currently has a GBX 4,600 ($60.04) target price on the stock.

Analyst Recommendations for Wolseley plc (LON:WOS)

Other equities research analysts have also issued research reports about the stock. Citigroup Inc. lowered shares of Wolseley plc to a neutral rating and set a GBX 4,150 ($54.17) target price on the stock. in a research note on Thursday, June 2nd. Credit Suisse Group AG restated an outperform rating and issued a GBX 4,200 ($54.82) target price on shares of Wolseley plc in a research note on Thursday, June 2nd. BNP Paribas restated an underperform rating and issued a GBX 4,200 ($54.82) target price on shares of Wolseley plc in a research note on Thursday, July 14th. Canaccord Genuity restated a hold rating and issued a GBX 4,150 ($54.17) target price on shares of Wolseley plc in a research note on Monday, July 18th. Finally, Numis Securities Ltd restated a hold rating and issued a GBX 3,845 ($50.19) target price on shares of Wolseley plc in a research note on Thursday, June 2nd. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and twelve have assigned a buy rating to the company. The stock presently has an average rating of Hold and an average price target of GBX 4,235.68 ($55.29).

Shares of Wolseley plc (LON:WOS) opened at 4382.00 on Friday. Wolseley plc has a 12 month low of GBX 3,214.00 and a 12 month high of GBX 4,458.00. The company has a 50-day moving average of GBX 4,305.64 and a 200-day moving average of GBX 3,999.95. The firm’s market cap is GBX 11.18 billion.

In other Wolseley plc news, insider Shoylekov,Richard sold 352 shares of the 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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