Wickes Group plc (LON:WIX) Given Average Rating of “Moderate Buy” by Analysts

Wickes Group plc (LON:WIX) has earned an average rating of “Moderate Buy” from the six research firms that are currently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating on the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is GBX 246.67.

WIX has been the topic of several recent research reports. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 265 price target on shares of Wickes Group in a research note on Thursday, June 18th. Jefferies Financial Group reissued a “buy” rating and set a GBX 278 price objective on shares of Wickes Group in a research report on Tuesday, May 12th.

Wickes Group Trading Down 0.5%

WIX opened at GBX 192.40 on Friday. The company has a quick ratio of 0.58, a current ratio of 1.07 and a debt-to-equity ratio of 551.57. Wickes Group has a 52 week low of GBX 169.20 and a 52 week high of GBX 255. The stock has a market cap of £423.09 million, a PE ratio of 11.73, a PEG ratio of 0.79 and a beta of 0.85. The business has a 50 day moving average of GBX 181 and a 200-day moving average of GBX 209.66.

Wickes Group Company Profile

Wickes is one of the UK’s best known home improvement retailers. Having opened our first store in 1972 we now have 228 stores across the UK, employing 7,400 colleagues and offering products ranging from kitchens and bathrooms, to paint, tools and timber.

Wickes is a successful, growing, cash generative and profitable business, operating in the large and growing £27 billion UK Home Improvement market. Over the past few years Wickes has consistently outperformed the market, growing share and delivering a CAGR growth rate double that of the market.

At Wickes, we have a clear purpose, which is to ‘help the nation feel house proud’, and we do this by focusing on our three customer segments – Local Trade, Do-it-for-me and DIY retail.