Trade Report: Today, Wolseley plc (WOS) Earns Neutral Rating from Analysts at Goldman Sachs Group Inc.

Today, Wolseley plc (WOS) Earns Neutral Rating from Analysts at Goldman Sachs Group Inc.

Goldman Sachs Group Inc. began coverage on shares of Wolseley plc (LON:WOS) in a report released on Tuesday morning. The brokerage issued a neutral rating and a GBX 4,600 ($60.04) target price on the stock.

Several other research firms have also issued reports on WOS. Credit Suisse Group AG reaffirmed an outperform rating and issued a GBX 4,600 ($60.04) target price on shares of Wolseley plc in a report on Wednesday, September 28th. Liberum Capital reaffirmed a buy rating and issued a GBX 4,650 ($60.70) target price on shares of Wolseley plc in a report on Tuesday, September 20th. Royal Bank Of Canada raised Wolseley plc to an outperform rating and upped their target price for the company from GBX 3,400 ($44.38) to GBX 4,000 ($52.21) in a report on Thursday, June 9th. Societe Generale reaffirmed a buy rating and issued a GBX 4,600 ($60.04) target price on shares of Wolseley plc in a report on Friday, September 16th. Finally, Barclays PLC reaffirmed an overweight rating and issued a GBX 5,000 ($65.27) target price on shares of Wolseley plc in a report on Wednesday, September 28th. Two analysts have rated the stock with a sell rating, twelve have given a hold rating and nine have given a buy rating to the company. The stock has a consensus rating of Hold and a consensus price target of GBX 4,280.18 ($55.87).

Wolseley plc (LON:WOS) opened at 4513.00 on Tuesday. The firm has a 50-day moving average price of GBX 4,354.08 and a 200 day moving average price of GBX 4,045.03. The firm’s market capitalization is GBX 11.44 billion. Wolseley plc has a one year low of GBX 3,214.00 and a one year high of GBX 4,569.00.

The firm also recently disclosed a dividend, which will be paid on Thursday, December 1st. Investors of record on Thursday, October 27th will be given a GBX 66.72 ($0.87) dividend. This represents a dividend yield of 1.57%. The ex-dividend date of this dividend is Thursday, October 27th. This is an increase from Wolseley plc’s previous dividend of $33.28.

In related news, 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 ($53.43), for a total value of £14,407.36 ($18,806.11).

Related posts

Leave a Comment