Wolseley plc (LON:WOS) had its price target cut by Jefferies Group from GBX 4,180 ($54.56) to GBX 4,140 ($54.04) in a report issued on Tuesday. They currently have a hold rating on the stock.

WOS has been the subject of several other research reports. BNP Paribas reaffirmed an underperform rating and issued a GBX 3,910 ($51.04) price target on shares of Wolseley plc in a report on Thursday, June 30th. Liberum Capital reissued a buy rating and issued a GBX 4,100 ($53.52) target price on shares of Wolseley plc in a report on Tuesday, July 12th. Societe Generale reissued 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. JPMorgan Chase & Co. cut Wolseley plc to a neutral rating and dropped their target price for the stock from GBX 4,300 ($56.13) to GBX 4,100 ($53.52) in a report on Monday, June 6th. Finally, Barclays PLC reissued an overweight rating and issued a GBX 4,400 ($57.43) target price on shares of Wolseley plc in a report on Monday, July 11th. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and nine have given a buy rating to the company’s stock. The company currently has an average rating of Hold and an average target price of GBX 4,280.18 ($55.87).

Analyst Recommendations for Wolseley plc (LON:WOS)

Wolseley plc (LON:WOS) opened at 4461.00 on Tuesday. The firm’s market cap is GBX 11.31 billion. The firm’s 50-day moving average price is GBX 4,344.24 and its 200-day moving average price is GBX 4,037.49. Wolseley plc has a 12 month low of GBX 3,214.00 and a 12 month high of GBX 4,569.00.

The company also recently announced a dividend, which will be paid on Thursday, December 1st. Stockholders of record on Thursday, October 27th will be paid 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 other news, insider Shoylekov,Richard sold 352 shares of the company’s stock in a transaction that occurred on Monday, July 18th. The shares were sold at an average price of GBX 4,093 ($53.43), for a total value of £14,407.36 ($18,806.11).

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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