Barclays PLC reissued their overweight rating on shares of Wolseley plc (LON:WOS) in a research note issued to investors on Wednesday morning. Barclays PLC currently has a GBX 5,000 ($65.27) price target on the stock.
Several other equities analysts have also issued reports on the stock. JPMorgan Chase & Co. reaffirmed a neutral rating and issued a GBX 4,400 ($57.43) price target on shares of Wolseley plc in a report on Wednesday. Canaccord Genuity reaffirmed a hold rating and issued a GBX 4,340 ($56.65) price target on shares of Wolseley plc in a report on Tuesday. Liberum Capital reaffirmed a buy rating and issued a GBX 4,650 ($60.70) price target on shares of Wolseley plc in a report on Tuesday. Peel Hunt lowered shares of Wolseley plc to a reduce rating and set a GBX 4,075 ($53.19) price target on the stock. in a report on Tuesday. Finally, BNP Paribas reaffirmed an underperform rating and issued a GBX 4,200 ($54.82) price target on shares of Wolseley plc in a report on Monday. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and ten have assigned a buy rating to the company’s stock. Wolseley plc has an average rating of Hold and a consensus price target of GBX 4,265 ($55.67).
Wolseley plc (LON:WOS) opened at 4300.00 on Wednesday. The company’s market cap is GBX 10.97 billion. The stock has a 50 day moving average price of GBX 4,327.97 and a 200-day moving average price of GBX 4,021.63. Wolseley plc has a 12-month low of GBX 3,214.00 and a 12-month high of GBX 4,458.00.
The firm also recently disclosed a dividend, which will be paid on Thursday, December 1st. Investors of record on Thursday, October 27th will be paid a dividend of GBX 66.72 ($0.87) per share. This represents a yield of 1.57%. The ex-dividend date of this dividend is Thursday, October 27th. This is a boost from Wolseley plc’s previous dividend of $33.28.
In related news, insider Shoylekov,Richard sold 352 shares of the company’s stock in a transaction dated Monday, July 18th. The shares were sold at an average price of GBX 4,093 ($53.43), for a total transaction of £14,407.36 ($18,806.11).
Wolseley plc Company Profile
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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