Wickes Group (LON:WIX) Earns Buy Rating from Shore Capital

Wickes Group (LON:WIX)‘s stock had its “buy” rating restated by Shore Capital in a report released on Thursday, MarketBeat.com reports.

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 250 price objective on shares of Wickes Group in a report on Thursday, October 23rd. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of GBX 223.75.

Wickes Group Trading Up 3.1%

Shares of WIX opened at GBX 232 on Thursday. The company has a quick ratio of 0.58, a current ratio of 1.10 and a debt-to-equity ratio of 456.98. The firm’s fifty day moving average is GBX 229.86 and its two-hundred day moving average is GBX 220.99. The stock has a market cap of £516.00 million, a PE ratio of 24.42, a price-to-earnings-growth ratio of 0.79 and a beta of 0.78. Wickes Group has a 52-week low of GBX 152 and a 52-week high of GBX 243.

About Wickes Group

Wickes is one of the UK’s best known home improvement retailers. Having opened our first store in 1972 we now have 228 stores across the UK, employing 7,400 colleagues and offering products ranging from kitchens and bathrooms, to paint, tools and timber.

Wickes is a successful, growing, cash generative and profitable business, operating in the large and growing £27 billion UK Home Improvement market. Over the past few years Wickes has consistently outperformed the market, growing share and delivering a CAGR growth rate double that of the market.

At Wickes, we have a clear purpose, which is to ‘help the nation feel house proud’, and we do this by focusing on our three customer segments – Local Trade, Do-it-for-me and DIY retail.