Wolseley plc (ADR) (NASDAQ:WOSYY) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.
- Updated: September 30, 2016
Zacks Investment Research has downgraded Wolseley plc (ADR) (NASDAQ:WOSYY) to Sell in a statement released on 09/30/2016.
Having a price of $5.49, Wolseley plc (ADR) (NASDAQ:WOSYY) traded 1.46% higher on the day. With the last close down 0.36% from the two hundred day average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. WOSYY has recorded a 50-day moving average of $5.68 and a 200-day moving average of $5.55. 754,558 shares of WOSYY traded hands, up from an average trading volume of 221,092
Recent Performance Chart
Wolseley plc (ADR) has 52 week low of $4.60 and a 52 week high of $6.06 with a PE ratio of 16.50 and has a market capitalization of $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 1 broker has issued a research note on the company. The average stock price target is $6.58 with 1 broker rating the stock a strong buy, 0 brokers rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
Brief Synopsis On Wolseley plc (ADR) (NASDAQ:WOSYY)
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. Sales to customers are made over the counter at its branches, through supply contracts which are managed centrally, or through orders that can be placed with branches, into call centers, or via the Internet. In some regions, the Company also operates a network of showrooms which enables it to showcase the product range.
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