Goldman Sachs Group Inc. initiated coverage on shares of Wolseley plc (NASDAQ:WOSYY) in a report released on Monday morning, The Fly reports. The firm issued a neutral rating on the stock.
Other equities research analysts also recently issued reports about the stock. Beaufort Securities restated a hold rating on shares of Wolseley plc in a report on Wednesday, September 28th. Zacks Investment Research downgraded shares of Wolseley plc from a hold rating to a sell rating in a report on Wednesday, June 22nd. JPMorgan Chase & Co. downgraded shares of Wolseley plc from an overweight rating to a neutral rating in a report on Monday, June 6th. Jefferies Group downgraded shares of Wolseley plc from a buy rating to a hold rating in a report on Friday, August 5th. Finally, Liberum Capital upgraded shares of Wolseley plc from a hold rating to a buy rating in a report on Friday, June 17th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the company. The stock has an average rating of Hold.
Shares of Wolseley plc (NASDAQ:WOSYY) opened at 5.63 on Monday. The firm has a market capitalization of $14.27 billion and a price-to-earnings ratio of 16.78. The stock has a 50 day moving average of $5.68 and a 200-day moving average of $5.55. Wolseley plc has a one year low of $4.60 and a one year high of $6.06.
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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