Wickes Group plc (LON:WIX) Stock Rated “Moderate Buy” by Wall Street Analysts

Shares of Wickes Group plc (LON:WIX) have earned a consensus recommendation of “Moderate Buy” from the six research firms that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating on the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is GBX 238.33.

A number of equities research analysts have recently commented on WIX shares. Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating and issued a GBX 165 price objective on shares of Wickes Group in a research note on Wednesday, September 16th. Citigroup lowered their target price 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. Shore Capital Group restated a “buy” rating and issued a GBX 280 target price on shares of Wickes Group in a report on Tuesday, July 21st. Berenberg Bank restated a “buy” rating and issued a GBX 265 target price on shares of Wickes Group in a report on Wednesday, October 21st. Finally, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 260 price target on shares of Wickes Group in a research report on Tuesday, October 20th.

Wickes Group Price Performance

Wickes Group stock opened at GBX 244.50 on Thursday. The stock’s 50 day moving average is GBX 208.43 and its 200 day moving average is GBX 205.68. The company has a debt-to-equity ratio of 638.77, a current ratio of 1.03 and a quick ratio of 0.58. The firm has a market cap of £536.09 million, a P/E ratio of 15.19, a P/E/G ratio of 0.79 and a beta of 0.83. Wickes Group has a one year low of GBX 169.20 and a one year high of GBX 255.

Wickes Group (LON:WIX) last released its earnings results on Tuesday, September 15th. The company reported GBX 9.60 earnings per share for the quarter. Wickes Group had a net margin of 2.23% and a return on equity of 30.64%. As a group, research analysts expect that Wickes Group will post 16.23 EPS for the current year.

Wickes Group Company Profile

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.