Key Equity Analysts at Canaccord Genuity Reiterated their ‘Hold’ rating for Wolseley (LON:WOS) Shares Today. Their Target Price is Set to GBX 5400.00

June 20, 2017 - By Louis Casey

Wolseley (LON:WOS) Rating Reaffirmed

Canaccord Genuity now has a GBX 5400.00 PT on the 12.36B GBP market cap company or 10.36 % upside potential. In a research report issued on 20 June, Wolseley (LON:WOS) shares have had their Hold Rating maintained by stock analysts at Canaccord Genuity.

Wolseley plc (LON:WOS) Ratings Coverage

Among 27 analysts covering Wolseley (LON:WOS), 12 have Buy rating, 3 Sell and 12 Hold. Therefore 44% are positive. Wolseley has GBX 5700 highest and GBX 3400 lowest target. GBX 4723.21’s average target is -3.27% below currents GBX 4883 stock price. Wolseley had 204 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Friday, August 5 by Jefferies. The stock of Wolseley plc (LON:WOS) has “Buy” rating given on Wednesday, September 30 by Beaufort Securities. As per Wednesday, September 30, the company rating was maintained by Jefferies. Peel Hunt maintained the stock with “Hold” rating in Wednesday, June 1 report. As per Wednesday, December 9, the company rating was initiated by Canaccord Genuity. The firm earned “Hold” rating on Wednesday, March 29 by Canaccord Genuity. Berenberg maintained the stock with “Buy” rating in Friday, May 19 report. JP Morgan maintained it with “Overweight” rating and GBX 4650 target in Wednesday, November 11 report. The firm earned “Neutral” rating on Tuesday, March 22 by Oddo & Cie. Canaccord Genuity maintained the shares of WOS in report on Tuesday, September 27 with “Hold” rating.

The stock decreased 0.02% or GBX 1 on June 20, reaching GBX 4883. About 1.37 million shares traded or 115.58% up from the average. Wolseley plc (LON:WOS) has 0.00% since June 20, 2016 and is . It has underperformed by 16.70% the S&P500.

Wolseley plc is the holding company of the Wolseley Group of companies. The company has market cap of 12.36 billion GBP. The Firm is engaged in the distribution of plumbing and heating products and building materials. It has a 27.52 P/E ratio. The Company’s divisions include USA, UK, Nordic, and Canada and Central Europe.

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