Zacks Investment Research downgraded Wolseley plc (ADR) (NASDAQ:WOSYY) to Sell in a statement released earlier today.
- Updated: November 30, 2016
Boasting a price of $5.76, Wolseley plc (ADR) (NASDAQ:WOSYY) traded 0.56% higher on the day. With the last stock price close up 0.00% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the same time. The company has recorded a 50-day moving average of $0.00 and a 200-day moving average of $0.00. 53,888 shares of the stock were exchanged, up from an average trading volume of 0
Zacks Investment Research has downgraded Wolseley plc (ADR) (NASDAQ:WOSYY) to Sell in a statement released on 11/30/2016.
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Wolseley plc (ADR) has a 52 week low of $4.60 and a 52 week high of $6.06 Wolseley plc (ADR)’s market capitalization is currently $0.
Also covering Wolseley plc (ADR)'s price target, a total of 1 brokerage has issued a ratings update on WOSYY. The one year target is $6.58 with one equity analyst rating the stock a strong buy, 0 brokers rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On Wolseley plc (ADR) (NASDAQ:WOSYY)
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. The Company, through Wolseley UK, operates approximately three businesses in the B2B market and has over 737 branches covering the whole country. The Nordic region consists of five businesses that operate a total of approximately 256 branches across over four countries, supported by approximately five distribution centers. The Company's businesses serve residential repair, maintenance and improvement (RMI) and new construction markets. Ferguson Enterprises, Inc (Ferguson) is the Company's primary brand in the USA segment.
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