Wickes Group plc (LON:WIX) Stock Has Consensus Target Price of GBX 238.33

Shares of Wickes Group plc (LON:WIX) have been given a consensus recommendation of “Moderate Buy” by the six analysts that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is GBX 238.33.

Several equities research analysts have recently issued reports on WIX shares. Canaccord Genuity Group reduced their target price on Wickes Group from GBX 265 to GBX 260 and set a “buy” rating on the stock in a report on Wednesday, July 22nd. Deutsche Bank Aktiengesellschaft reissued a “sell” rating and set a GBX 165 price target on shares of Wickes Group in a research note on Wednesday, September 16th. Jefferies Financial Group restated a “buy” rating and set a GBX 250 price target on shares of Wickes Group in a report on Friday, October 9th. Citigroup cut their price target on Wickes Group from GBX 227 to GBX 210 and set a “neutral” rating for the company in a report on Thursday, July 23rd. Finally, Shore Capital Group reaffirmed a “buy” rating and issued a GBX 280 price objective on shares of Wickes Group in a research note on Tuesday, July 21st.

Wickes Group Stock Up 1.4%

Shares of WIX stock opened at GBX 211 on Friday. The stock has a market cap of £462.64 million, a P/E ratio of 13.11, a PEG ratio of 0.79 and a beta of 0.85. Wickes Group has a 52 week low of GBX 169.20 and a 52 week high of GBX 255. The company has a quick ratio of 0.58, a current ratio of 1.03 and a debt-to-equity ratio of 638.77. The company’s fifty day simple moving average is GBX 195.84 and its two-hundred day simple moving average is GBX 193.90.

Wickes Group (LON:WIX) last released its quarterly earnings data on Tuesday, September 15th. The company reported GBX 9.60 EPS for the quarter. Wickes Group had a net margin of 2.23% and a return on equity of 30.64%. Analysts predict that Wickes Group will post 16.23 EPS for the current fiscal year.

Wickes Group Company Profile

Wickes is a digitally-led, service-enabled home improvement retailer, delivering choice, convenience, value and best-in-class service to customers across the United Kingdom, making it well placed to outperform its growing markets. In response to gradual structural shifts in its markets over recent years, Wickes has a balanced business focusing on three key customer journeys – TradePro, DIY (together reported as Retail) and our project-based Design & Installation division.

Wickes operates from its network of 230 stores, which support nationwide fulfilment from convenient locations throughout the United Kingdom, and through its digital channels including its website, TradePro mobile app for trade members, and Wickes DIY app.