Investec began coverage on shares of Wolseley PLC (OTCMKTS:WOSYY) in a research note published on Wednesday morning, reports. The firm issued a hold rating on the stock.

WOSYY has been the topic of a number of other research reports. Liberum Capital upgraded Wolseley PLC from a hold rating to a buy rating in a report on Friday, June 17th. Jefferies Group downgraded Wolseley PLC from a buy rating to a hold rating in a report on Friday, August 5th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the company’s stock. The company presently has an average rating of Hold and an average price target of $6.75.

Shares of Wolseley PLC (OTCMKTS:WOSYY) opened at 5.52 on Wednesday. The stock has a market capitalization of $13.99 billion, a PE ratio of 16.81 and a beta of 1.12. Wolseley PLC has a 52-week low of $4.60 and a 52-week high of $6.06. The stock has a 50 day moving average price of $5.66 and a 200-day moving average price of $5.55.

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.

Stock Target Prices

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