Wolseley plc (NASDAQ:WOSYY) Upgraded to Outperform by Royal Bank Of Canada
Royal Bank Of Canada upgraded shares of Wolseley plc (NASDAQ:WOSYY) from a sector perform rating to an outperform rating in a research report sent to investors on Monday, July 31st, The Fly reports.
Other research analysts also recently issued reports about the company. Liberum Capital upgraded Wolseley plc from a hold rating to a buy rating in a report on Friday, June 16th. Canaccord Genuity upgraded Wolseley plc from a hold rating to a buy rating in a research note on Wednesday, June 21st. J P Morgan Chase & Co upgraded Wolseley plc from a neutral rating to an overweight rating in a research note on Monday, June 5th. HSBC Holdings plc restated a hold rating on shares of Wolseley plc in a research note on Friday, April 7th. Finally, Zacks Investment Research downgraded Wolseley plc from a buy rating to a hold rating in a research note on Friday, July 28th. Five analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Wolseley plc currently has an average rating of Buy and an average price target of $6.50.
Wolseley plc (NASDAQ WOSYY) opened at 5.95 on Monday. The firm’s 50-day moving average price is $6.11 and its 200 day moving average price is $6.23. Wolseley plc has a 52 week low of $5.06 and a 52 week high of $6.64.
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About Wolseley plc
Wolseley plc is the holding company of the Wolseley Group of companies. The Company is engaged in the distribution of plumbing and heating products and building materials. The Company’s segments include USA, UK, Nordic, and Canada and Central Europe. The Company operates seven business units in the United States, six of these mainly operate in the business to business (B2B) market with one operating in the business to consumer (B2C) market.
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