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

Wickes Group (LON:WIX)‘s stock had its “buy” rating reissued by stock analysts at Jefferies Financial Group in a report released on Tuesday, Digital Look reports. They presently have a GBX 250 price target on the stock. Jefferies Financial Group‘s price objective indicates a potential upside of 9.41% from the company’s previous close.

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

Wickes Group Trading Up 1.1%

WIX opened at GBX 228.50 on Tuesday. The firm has a market cap of £501.00 million, a price-to-earnings ratio of 14.19, a price-to-earnings-growth ratio of 0.79 and a beta of 0.85. Wickes Group has a 52 week low of GBX 169.20 and a 52 week high of GBX 255. The business’s 50 day moving average is GBX 198.12 and its two-hundred day moving average is GBX 194.33. The company has a quick ratio of 0.58, a current ratio of 1.03 and a debt-to-equity ratio of 638.77.

Wickes Group (LON:WIX) last issued its quarterly earnings data on Tuesday, September 15th. The company reported GBX 9.60 earnings per share for the quarter. Wickes Group had a return on equity of 30.64% and a net margin of 2.23%. On average, research analysts predict that Wickes Group will post 16.23 EPS for the current 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.