The Investec Initiates Coverage on Wolseley PLC (WOSYY)

The Investec Initiates Coverage on Wolseley PLC (WOSYY)

Equities research analysts at Investec initiated coverage on shares of Wolseley PLC (OTCMKTS:WOSYY) in a research note issued on Wednesday, StockTargetPrices.com reports. The firm set a “hold” rating on the stock.

WOSYY has been the topic of several other reports. Jefferies Group downgraded shares of Wolseley PLC from a “buy” rating to a “hold” rating in a research note on Friday, August 5th. Liberum Capital raised shares of Wolseley PLC from a “hold” rating to a “buy” rating in a research note on Friday, June 17th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and seven have given a buy rating to the company’s stock. Wolseley PLC has a consensus rating of “Hold” and an average price target of $6.75.

Shares of Wolseley PLC (OTCMKTS:WOSYY) traded down 0.18% on Wednesday, hitting $5.44. The company’s stock had a trading volume of 68,255 shares. The stock’s 50 day moving average price is $5.68 and its 200 day moving average price is $5.55. The stock has a market capitalization of $13.79 billion, a P/E ratio of 16.57 and a beta of 1.12. Wolseley PLC has a 52 week low of $4.60 and a 52 week high of $6.06.

About Wolseley PLC

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