Wickes Group plc (LON:WIX) Receives GBX 246.67 Average Target Price from Analysts

Shares of Wickes Group plc (LON:WIX) have earned a consensus recommendation of “Moderate Buy” from the six analysts that are presently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company. The average 1-year price target among analysts that have covered the stock in the last year is GBX 246.67.

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

Wickes Group Price Performance

Wickes Group stock opened at GBX 190.80 on Friday. The firm has a market capitalization of £419.57 million, a P/E ratio of 11.63, a PEG ratio of 0.79 and a beta of 0.85. Wickes Group has a one year low of GBX 169.20 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 fifty day moving average price of GBX 180.75 and a 200-day moving average price of GBX 209.15.

About Wickes Group

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.