Wolseley plc Just Recorded A Sigfniciant Increase

 Wolseley plc Just Recorded A Sigfniciant Increase

The stock of Wolseley plc (LON:WOS) is a huge mover today! The stock increased 3.33% or GBX 151.18 on November 10, hitting GBX 4691.18. About 1.39M shares traded hands or 68.57% up from the average. Wolseley plc (LON:WOS) has risen 14.21% since April 13, 2016 and is uptrending. It has outperformed by 8.57% the S&P500.
The move comes after 7 months positive chart setup for the GBX 11.85B company. It was reported on Nov, 10 by Barchart.com. We have GBX 7928.09 PT which if reached, will make LON:WOS worth GBX 8.18B more.

Wolseley plc (LON:WOS) Ratings Coverage

Out of 26 analysts covering Wolseley (LON:WOS), 12 rate it a “Buy”, 2 “Sell”, while 12 “Hold”. This means 46% are positive. Wolseley has been the topic of 159 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The stock has “Underperform” rating given by BNP Paribas on Wednesday, September 28. The firm has “Overweight” rating given on Wednesday, November 18 by Barclays Capital. The firm has “Buy” rating by Beaufort Securities given on Thursday, June 2. J.P. Morgan maintained Wolseley plc (LON:WOS) rating on Friday, November 6. J.P. Morgan has “Overweight” rating and GBX 4650 price target. Deutsche Bank maintained Wolseley plc (LON:WOS) rating on Wednesday, November 11. Deutsche Bank has “Buy” rating and GBX 4415 price target. The firm has “Neutral” rating given on Wednesday, September 2 by BNP Paribas. RBC Capital Markets maintained it with “Outperform” rating and GBX 4900 target price in Thursday, October 13 report. The firm has “Buy” rating by Liberum Capital given on Tuesday, September 20. Deutsche Bank maintained Wolseley plc (LON:WOS) rating on Thursday, October 15. Deutsche Bank has “Buy” rating and GBX 4415 price target. Credit Suisse maintained it with “Outperform” rating and GBX 4900 target price in Monday, September 21 report.

Wolseley plc is the holding company of the Wolseley Group of companies. The company has a market cap of 11.85 billion GBP. The Firm is engaged in the distribution of plumbing and heating products and building materials. It has a 23.7 P/E ratio. The Company’s divisions include USA, UK, Nordic, and Canada and Central Europe.

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