Wickes Group’s (WIX) “Buy” Rating Reaffirmed at Shore Capital

Shore Capital reaffirmed their buy rating on shares of Wickes Group (LON:WIX) in a research report released on Wednesday, Marketbeat.com reports.

A number of other research firms have also recently weighed in on WIX. Deutsche Bank Aktiengesellschaft cut shares of Wickes Group to a “sell” rating and dropped their target price for the company from GBX 205 to GBX 195 in a research note on Tuesday, August 26th. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 250 target price on shares of Wickes Group in a research note on Thursday, July 24th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of GBX 222.50.

Wickes Group Stock Down 0.4%

WIX opened at GBX 194.47 on Wednesday. The company has a quick ratio of 0.58, a current ratio of 1.10 and a debt-to-equity ratio of 456.98. The stock has a market cap of £450.50 million, a price-to-earnings ratio of 2,592.93, a PEG ratio of 0.79 and a beta of 0.78. Wickes Group has a twelve month low of GBX 142.30 and a twelve month high of GBX 236. The company’s 50-day moving average price is GBX 216.22 and its two-hundred day moving average price is GBX 202.72.

Wickes Group (LON:WIX) last released its earnings results on Wednesday, September 10th. The company reported GBX 10 earnings per share for the quarter. Wickes Group had a net margin of 2.01% and a return on equity of 19.39%. As a group, equities analysts expect that Wickes Group will post 16.2278978 earnings per share for the current year.

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.