Wickes Group plc (WIX.L) – What Are Researchers Thinking About This Stock?

Wickes Group plc (LON:WIX) has earned an average recommendation of “Moderate Buy” from the six brokerages that are covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, one has given a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is GBX 238.33.

WIX has been the subject of a number of research reports. Citigroup decreased their price target on Wickes Group from GBX 227 to GBX 210 and set a “neutral” rating for the company in a research note on Thursday, July 23rd. Deutsche Bank Aktiengesellschaft reissued a “sell” rating and issued a GBX 165 price objective on shares of Wickes Group in a research note on Wednesday, September 16th. Shore Capital Group restated a “buy” rating and issued a GBX 280 price objective on shares of Wickes Group in a report on Tuesday, July 21st. Berenberg Bank restated a “buy” rating and issued a GBX 265 price objective on shares of Wickes Group in a report on Wednesday, October 21st. Finally, Canaccord Genuity Group reissued a “buy” rating and set a GBX 260 price objective on shares of Wickes Group in a research note on Tuesday, October 20th.

Wickes Group Trading Up 1.9%

Wickes Group stock opened at GBX 245 on Thursday. Wickes Group has a 12-month low of GBX 169.20 and a 12-month high of GBX 255. The company has a debt-to-equity ratio of 638.77, a current ratio of 1.03 and a quick ratio of 0.58. The stock has a market capitalization of £537.18 million, a PE ratio of 15.22, a price-to-earnings-growth ratio of 0.79 and a beta of 0.81. The firm has a 50 day simple moving average of GBX 205.59 and a 200-day simple moving average of GBX 205.43.

Wickes Group (LON:WIX) last announced its earnings results on Tuesday, September 15th. The company reported GBX 9.60 EPS for the quarter. Wickes Group had a return on equity of 30.64% and a net margin of 2.23%. As a group, equities research analysts expect that Wickes Group will post 16.23 EPS for the current fiscal year.

Wickes Group Company Profile

Wickes is a digitally-led, service-enabled home improvement retailer, delivering choice, convenience, value and best-in-class service to customers across the United Kingdom, making it well placed to outperform its growing markets. In response to gradual structural shifts in its markets over recent years, Wickes has a balanced business focusing on three key customer journeys – TradePro, DIY (together reported as Retail) and our project-based Design & Installation division.

Wickes operates from its network of 230 stores, which support nationwide fulfilment from convenient locations throughout the United Kingdom, and through its digital channels including its website, TradePro mobile app for trade members, and Wickes DIY app.