Deutsche Bank Reaffirms Buy Rating on Wolseley (WOS)
Wolseley (LON: WOS)‘s stock had its “buy” rating reiterated by investment analysts at Deutsche Bank in a note issued to investors on Wednesday. They currently have a $51.32 (3197 GBX) target price on the stock.
Shares of Wolseley opened at 2987.00 on Wednesday. Wolseley has a one year low of GBX 2164.0908 and a one year high of GBX 3046.4551. The stock’s 50-day moving average is currently GBX 2700.38. The company’s market cap is £8.124 billion.
WOS has been the subject of a number of other recent research reports. Analysts at Goldman Sachs reiterated a “neutral/neutral” rating on shares of Wolseley in a research note to investors on Tuesday, December 11th. They now have a $49.58 price target on the stock. Separately, analysts at RBC Capital reiterated an “outperform” rating on shares of Wolseley in a research note to investors on Monday, December 10th. They now have a $51.95 price target on the stock. Finally, analysts at JPMorgan Chase reiterated an “overweight” rating on shares of Wolseley in a research note to investors on Wednesday, December 5th. They now have a $50.70 price target on the stock.
Wolseley plc is a specialist trade distributor of plumbing and heating products to professional contractors and a supplier of building materials in North America, the United Kingdom and Continental Europe.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.