Wolseley plc (LON:WOS) had its price target hoisted by Numis Securities Ltd from GBX 3,845 ($50.19) to GBX 4,240 ($55.35) in a research note issued to investors on Wednesday morning. Numis Securities Ltd currently has a hold rating on the stock.
A number of other research analysts have also commented on WOS. JPMorgan Chase & Co. reaffirmed an overweight rating and set a GBX 4,300 ($56.13) price target on shares of Wolseley plc in a research report on Wednesday, June 1st. Goodbody reaffirmed a hold rating on shares of Wolseley plc in a research report on Wednesday, June 1st. Peel Hunt reaffirmed a hold rating and set a GBX 3,890 ($50.78) price target on shares of Wolseley plc in a research report on Wednesday, June 1st. Canaccord Genuity reaffirmed a buy rating and set a GBX 4,400 ($57.43) price target on shares of Wolseley plc in a research report on Wednesday, June 1st. Finally, Deutsche Bank AG reaffirmed a hold rating and set a GBX 3,700 ($48.30) price target on shares of Wolseley plc in a research report on Thursday, June 2nd. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and ten have assigned a buy rating to the stock. The company has a consensus rating of Hold and an average target price of GBX 4,262.73 ($55.64).
Wolseley plc (LON:WOS) opened at 4354.348 on Wednesday. Wolseley plc has a 12-month low of GBX 3,214.00 and a 12-month high of GBX 4,458.00. The stock has a 50 day moving average price of GBX 4,333.76 and a 200-day moving average price of GBX 4,025.94. The company’s market cap is GBX 11.04 billion.
The business also recently announced a dividend, which will be paid on Thursday, December 1st. Investors of record on Thursday, October 27th will be issued a GBX 66.72 ($0.87) dividend. This is a boost from Wolseley plc’s previous dividend of $33.28. This represents a yield of 1.57%. The ex-dividend date of this dividend is Thursday, October 27th.
In related news, insider Shoylekov,Richard sold 352 shares of the firm’s stock in a transaction on Monday, July 18th. The stock was sold at an average price of GBX 4,093 ($53.43), for a total value 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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