Canaccord Genuity reissued their hold rating on shares of Wolseley plc (LON:WOS) in a research report sent to investors on Tuesday. Canaccord Genuity currently has a GBX 4,340 ($56.65) price target on the stock.
A number of other research analysts have also commented on the company. Liberum Capital reaffirmed a buy rating and issued a GBX 4,650 ($60.70) price objective on shares of Wolseley plc in a report on Tuesday, September 27th. Peel Hunt lowered Wolseley plc to a reduce rating and set a GBX 4,075 ($53.19) price objective on the stock. in a report on Tuesday, September 27th. BNP Paribas reaffirmed an underperform rating and issued a GBX 4,200 ($54.82) price objective on shares of Wolseley plc in a report on Monday, September 26th. JPMorgan Chase & Co. reaffirmed a neutral rating and issued a GBX 4,400 ($57.43) price objective on shares of Wolseley plc in a report on Tuesday, September 20th. Finally, Societe Generale reiterated a buy rating and set a GBX 4,600 ($60.04) target price on shares of Wolseley plc in a research report on Friday, September 16th. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating and ten have assigned a buy rating to the company. Wolseley plc presently has a consensus rating of Hold and an average price target of GBX 4,262.73 ($55.64).
Shares of Wolseley plc (LON:WOS) opened at 4354.348 on Tuesday. The firm’s market capitalization is GBX 11.04 billion. The company has a 50-day moving average price of GBX 4,333.76 and a 200-day moving average price of GBX 4,025.94. 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 announced 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. The ex-dividend date of this dividend is Thursday, October 27th. This represents a yield of 1.57%. This is a boost from Wolseley plc’s previous dividend of $33.28.
In related news, insider Shoylekov,Richard sold 352 shares of the firm’s stock in a transaction that occurred on Monday, July 18th. The stock was 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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