Wolseley plc (WOSYY) Earns Neutral Rating from Analysts at Goldman Sachs Group Inc.
Equities research analysts at Goldman Sachs Group Inc. started coverage on shares of Wolseley plc (NASDAQ:WOSYY) in a research report issued on Monday. The brokerage set a “neutral” rating on the stock.
Other analysts also recently issued reports about the company. Royal Bank Of Canada raised Wolseley plc from a “sector perform” rating to an “outperform” rating in a research note on Thursday, June 9th. Liberum Capital raised Wolseley plc from a “hold” rating to a “buy” rating in a research note on Friday, June 17th. Zacks Investment Research raised Wolseley plc from a “sell” rating to a “hold” rating in a research note on Saturday, September 24th. Jefferies Group downgraded Wolseley plc from a “buy” rating to a “hold” rating in a research note on Friday, August 5th. Finally, JPMorgan Chase & Co. downgraded Wolseley plc from an “overweight” rating to a “neutral” rating in a research note on Monday, June 6th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the stock. Wolseley plc currently has an average rating of “Hold”.
Wolseley plc (NASDAQ:WOSYY) traded up 1.08% on Monday, reaching $5.63. The company’s stock had a trading volume of 61,161 shares. The firm’s 50-day moving average price is $5.68 and its 200 day moving average price is $5.55. Wolseley plc has a 52-week low of $4.60 and a 52-week high of $6.06. The company has a market cap of $14.27 billion and a P/E ratio of 16.78.
About Wolseley plc
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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