Wickes Group (LON:WIX – Get Free Report)‘s stock had its “buy” rating reiterated by Berenberg Bank in a report released on Wednesday, Digital Look reports. They presently have a GBX 265 target price on the stock. Berenberg Bank‘s price objective suggests a potential upside of 14.72% from the stock’s previous close.
A number of other brokerages also recently commented on WIX. Citigroup lowered their price target on shares of Wickes Group from GBX 227 to GBX 210 and set a “neutral” rating for the company in a report on Thursday, July 23rd. Canaccord Genuity Group restated a “buy” rating and set a GBX 260 target price on shares of Wickes Group in a research report on Tuesday. Shore Capital Group reaffirmed a “buy” rating and issued a GBX 280 target price on shares of Wickes Group in a research note on Tuesday, July 21st. Deutsche Bank Aktiengesellschaft reissued a “sell” rating and set a GBX 165 price target on shares of Wickes Group in a research note on Wednesday, September 16th. Finally, Jefferies Financial Group restated a “buy” rating and set a GBX 250 price objective on shares of Wickes Group in a report on Tuesday. Four investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Wickes Group presently has a consensus rating of “Moderate Buy” and an average price target of GBX 238.33.
Get Our Latest Analysis on Wickes Group
Wickes Group Stock Up 1.1%
WIX opened at GBX 231 on Wednesday. The company has a quick ratio of 0.58, a current ratio of 1.03 and a debt-to-equity ratio of 638.77. The firm has a market cap of £506.49 million, a P/E ratio of 14.35, a PEG ratio of 0.79 and a beta of 0.81. Wickes Group has a 52 week low of GBX 169.20 and a 52 week high of GBX 255. The business’s fifty day simple moving average is GBX 198.76 and its 200 day simple moving average is GBX 194.58.
Wickes Group (LON:WIX – Get Free Report) last announced 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, equities research analysts anticipate that Wickes Group will post 16.23 EPS for the current fiscal 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.
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