Wolseley plc (LON:WOS) had its price target lifted by Liberum Capital from GBX 4,650 ($60.70) to GBX 4,700 ($61.35) in a report issued on Tuesday. They currently have a buy rating on the stock.

Several other brokerages also recently weighed in on WOS. Canaccord Genuity increased their target price on Wolseley plc from GBX 4,150 ($54.17) to GBX 4,340 ($56.65) and gave the company a buy rating in a research note on Tuesday, September 6th. Goldman Sachs Group Inc. began coverage on Wolseley plc in a research report on Tuesday. They issued a neutral rating and a GBX 4,600 ($60.04) price objective for the company. Jefferies Group reduced their price objective on Wolseley plc from GBX 4,180 ($54.56) to GBX 4,140 ($54.04) and set a hold rating for the company in a research report on Tuesday. JPMorgan Chase & Co. reiterated a neutral rating and issued a GBX 4,400 ($57.43) price objective on shares of Wolseley plc in a research report on Tuesday, September 20th. Finally, BNP Paribas reiterated an underperform rating and issued a GBX 4,200 ($54.82) price objective on shares of Wolseley plc in a research report on Monday, September 26th. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and nine have assigned a buy rating to the company’s stock. The company presently has an average rating of Hold and a consensus price target 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 firm also recently announced a dividend, which will be paid on Thursday, December 1st. Shareholders of record on Thursday, October 27th will be issued a dividend of GBX 66.72 ($0.87) per share. This is a boost from Wolseley plc’s previous dividend of $33.28. This represents a yield of 1.57%. The ex-dividend date of this dividend is Thursday, October 27th.

In other Wolseley plc 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 transaction of £14,407.36 ($18,806.11).

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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