Wolseley plc’s (WOS) “Buy” Rating Reaffirmed at Societe Generale

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Wolseley plc (LON:WOS)‘s stock had its “buy” rating restated by equities researchers at Societe Generale in a report released on Friday. They currently have a GBX 4,600 ($61.27) price target on the stock. Societe Generale’s target price points to a potential upside of 5.07% from the stock’s current price.
WOS has been the subject of a number of other reports. Credit Suisse Group AG reaffirmed an “outperform” rating and set a GBX 4,200 ($55.94) price target on shares of Wolseley plc in a research note on Thursday, June 2nd. Deutsche Bank AG reaffirmed a “hold” rating and set a GBX 3,700 ($49.28) price target on shares of Wolseley plc in a research note on Thursday, June 2nd. Goodbody reaffirmed a “hold” rating on shares of Wolseley plc in a research note on Wednesday, June 1st. BNP Paribas reaffirmed an “underperform” rating and set a GBX 3,910 ($52.08) price target on shares of Wolseley plc in a research note on Thursday, June 30th. Finally, Liberum Capital reaffirmed a “buy” rating and set a GBX 4,100 ($54.61) price target on shares of Wolseley plc in a research note on Tuesday, July 12th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and twelve have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of GBX 4,197.05 ($55.90).
Shares of Wolseley plc (LON:WOS) opened at 4371.00 on Friday. The stock has a 50 day moving average price of GBX 4,285.22 and a 200-day moving average price of GBX 3,983.94. The stock’s market cap is GBX 11.15 billion. Wolseley plc has a 12 month low of GBX 3,214.00 and a 12 month high of GBX 4,458.00.

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In other Wolseley plc news, insider Lopez,Pilar bought 600 shares of the stock in a transaction on Tuesday, June 21st. The shares were purchased at an average cost of GBX 3,752 ($49.97) per share, with a total value of £22,512 ($29,984.02). Also, insider Shoylekov,Richard sold 352 shares of the stock in a transaction on Monday, July 18th. The stock was sold at an average price of GBX 4,093 ($54.52), for a total transaction of £14,407.36 ($19,189.34).
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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