Wickes Group (LON:WIX) Stock Keeps Buy Rating at Jefferies Financial Group

Wickes Group (LON:WIX)‘s stock had its “buy” rating reissued by Jefferies Financial Group in a research note issued on Friday, MarketBeat Ratings reports. They currently have a GBX 250 price target on the stock. Jefferies Financial Group’s price target would indicate a potential upside of 24.07% from the company’s current price.

A number of other research analysts also recently weighed in on WIX. Deutsche Bank Aktiengesellschaft reissued a “sell” rating and issued a GBX 165 target price on shares of Wickes Group in a report on Wednesday, September 16th. Canaccord Genuity Group cut their target price on shares of Wickes Group from GBX 265 to GBX 260 and set a “buy” rating for the company in a research note on Wednesday, July 22nd. Shore Capital Group reissued a “buy” rating and set a GBX 280 price objective on shares of Wickes Group in a report on Tuesday, July 21st. Citigroup dropped their price objective on shares of Wickes Group from GBX 227 to GBX 210 and set a “neutral” rating for the company in a research note on Thursday, July 23rd. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 265 price objective on shares of Wickes Group in a research report on Wednesday, July 22nd. Four analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of GBX 238.33.

Wickes Group Stock Up 1.3%

LON:WIX traded up GBX 2.50 on Friday, reaching GBX 201.50. 87,624 shares of the stock traded hands, compared to its average volume of 1,651,251. The company has a current ratio of 1.03, a quick ratio of 0.58 and a debt-to-equity ratio of 638.77. The company has a market capitalization of £441.80 million, a price-to-earnings ratio of 12.52, a PEG ratio of 0.79 and a beta of 0.85. Wickes Group has a 12 month low of GBX 169.20 and a 12 month high of GBX 255. The company’s fifty day simple moving average is GBX 195.64 and its 200 day simple moving average is GBX 194.06.

Wickes Group (LON:WIX) last released its quarterly earnings data on Tuesday, September 15th. The company reported GBX 9.60 earnings per share (EPS) for the quarter. Wickes Group had a return on equity of 30.64% and a net margin of 2.23%. Equities analysts predict that Wickes Group will post 16.2278978 EPS for the current fiscal year.

About Wickes Group

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.