Goldman Sachs Group Inc. Begins Coverage on Wolseley plc (WOSYY)
Goldman Sachs Group Inc. started coverage on shares of Wolseley plc (NASDAQ:WOSYY) in a research report report published on Monday morning, The Fly reports. The brokerage issued a neutral rating on the stock.
Several other equities research analysts have also recently weighed in on WOSYY. JPMorgan Chase & Co. cut Wolseley plc from an overweight rating to a neutral rating in a research report on Monday, June 6th. Zacks Investment Research cut shares of Wolseley plc from a buy rating to a hold rating in a research report on Wednesday, June 8th. Royal Bank Of Canada upgraded shares of Wolseley plc from a sector perform rating to an outperform rating in a research report on Thursday, June 9th. Liberum Capital upgraded shares of Wolseley plc from a hold rating to a buy rating in a research report on Friday, June 17th. Finally, Jefferies Group cut shares of Wolseley plc from a buy rating to a hold rating in a research report on Friday, August 5th. One analyst has rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the stock. The company has an average rating of Hold.
Shares of Wolseley plc (NASDAQ:WOSYY) opened at 5.64 on Monday. The firm has a 50-day moving average of $5.68 and a 200 day moving average of $5.55. Wolseley plc has a 52 week low of $4.60 and a 52 week high of $6.06. The company has a market cap of $14.30 billion and a P/E ratio of 16.76.
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.
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