Wickes Group (LON:WIX) Given New GBX 278 Price Target at Jefferies Financial Group

Wickes Group (LON:WIX) had its price target upped by Jefferies Financial Group from GBX 275 to GBX 278 in a research report report published on Wednesday,London Stock Exchange reports. Jefferies Financial Group currently has a buy rating on the stock.

Other analysts have also recently issued research reports about the stock. Citigroup lifted their price target on shares of Wickes Group from GBX 200 to GBX 227 and gave the company a “neutral” rating in a report on Friday, January 23rd. Canaccord Genuity Group restated a “buy” rating and issued a GBX 250 price objective on shares of Wickes Group in a report on Friday, January 23rd. Finally, Shore Capital Group reaffirmed a “buy” rating on shares of Wickes Group in a research report on Thursday, January 22nd. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of GBX 240.

Wickes Group Trading Down 0.5%

WIX opened at GBX 220.50 on Wednesday. Wickes Group has a one year low of GBX 165.60 and a one year high of GBX 255. The company has a debt-to-equity ratio of 551.57, a current ratio of 1.07 and a quick ratio of 0.58. The business has a 50 day simple moving average of GBX 233.11 and a two-hundred day simple moving average of GBX 225.20. The firm has a market capitalization of £490.43 million, a price-to-earnings ratio of 23.21, a PEG ratio of 0.79 and a beta of 0.87.

Wickes Group (LON:WIX) last issued its quarterly earnings data on Tuesday, March 17th. The company reported GBX 17.40 earnings per share for the quarter. Wickes Group had a return on equity of 29.52% and a net margin of 2.35%. Analysts predict that Wickes Group will post 16.2278978 EPS 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. 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.