Wickes Group (LON:WIX – Get Free Report)‘s stock had its “buy” rating reiterated by equities research analysts at Berenberg Bank in a note issued to investors on Wednesday, Digital Look reports. They presently have a GBX 265 target price on the stock. Berenberg Bank‘s price target points to a potential upside of 14.72% from the stock’s previous close.
Several other equities analysts also recently issued reports on WIX. Citigroup reduced 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 note on Thursday, July 23rd. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 260 target price on shares of Wickes Group in a research note on Tuesday, October 20th. Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating and issued a GBX 165 target price on shares of Wickes Group in a research note on Wednesday, September 16th. Shore Capital Group reiterated a “buy” rating and issued a GBX 280 price target on shares of Wickes Group in a report on Tuesday, July 21st. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 250 price target on shares of Wickes Group in a report on Tuesday, October 20th. Four analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 238.33.
Check Out Our Latest Analysis on Wickes Group
Wickes Group Price Performance
LON:WIX opened at GBX 231 on Wednesday. Wickes Group has a 12-month low of GBX 169.20 and a 12-month high of GBX 255. The firm has a market cap of £506.49 million, a price-to-earnings ratio of 14.35, a price-to-earnings-growth ratio of 0.79 and a beta of 0.81. The company’s 50-day moving average is GBX 198.76 and its two-hundred day moving average is GBX 194.58. The company has a current ratio of 1.03, a quick ratio of 0.58 and a debt-to-equity ratio of 638.77.
Wickes Group (LON:WIX – Get Free Report) last issued its quarterly earnings results on Tuesday, September 15th. The company reported GBX 9.60 EPS for the quarter. Wickes Group had a net margin of 2.23% and a return on equity of 30.64%. Research analysts expect 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.
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