According to Zacks, “Wolseley is the world’s largest trade distributor of plumbing and heating products and a leading supplier of building materials. Wolseley operates in five geographic regions: the United States, Canada, the Nordic region, the United Kingdom and Central Europe and France. They supply customers in the new; repair, maintenance and improvement and civil infrastructure sectors. “
A number of other brokerages have also recently weighed in on WOSYY. Royal Bank Of Canada upgraded shares of Wolseley plc from a sector perform rating to an outperform rating in a report on Thursday, June 9th. Liberum Capital upgraded shares of Wolseley plc from a hold rating to a buy rating in a report on Friday, June 17th. Jefferies Group cut shares of Wolseley plc from a buy rating to a hold rating in a report on Friday, August 5th. Beaufort Securities restated a buy rating on shares of Wolseley plc in a report on Friday, June 3rd. Finally, JPMorgan Chase & Co. cut shares of Wolseley plc from an overweight rating to a neutral rating in a report on Monday, June 6th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the stock. Wolseley plc currently has a consensus rating of Hold.
Shares of Wolseley plc (NASDAQ:WOSYY) traded up 0.54% during mid-day trading on Friday, reaching $5.60. 7,556 shares of the company were exchanged. Wolseley plc has a 12 month low of $4.60 and a 12 month high of $6.06. The firm’s 50-day moving average is $5.68 and its 200-day moving average is $5.55. The company has a market capitalization of $14.20 billion and a price-to-earnings ratio of 16.69.
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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