Wickes Group plc (LON:WIX) Stock Has Consensus Price Target of GBX 238.33 According to Analysts

Key Points

• Wickes Group has a “Moderate Buy” consensus rating from six analysts: four buys, one hold and one sell. The average 12-month price target is GBX 238.33, above the stock’s GBX 201 opening price.
• Analyst targets range from GBX 165 from Deutsche Bank, which maintains a sell rating, to GBX 280 from Shore Capital, which rates the stock a buy. Citigroup recently cut its target to GBX 210 and assigned a neutral rating.
• Wickes reported quarterly EPS of GBX 9.60, with a 30.64% return on equity and a 2.23% net margin. Analysts expect full-year EPS of GBX 16.23.

Wickes Group plc (LON:WIX - Get Free Report) has received an average rating of "Moderate Buy" from the six research firms that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating on the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is GBX 238.33.

WIX has been the subject of a number of analyst reports. Berenberg Bank reissued a "buy" rating and issued a GBX 265 price target on shares of Wickes Group in a report on Wednesday, July 22nd. Deutsche Bank Aktiengesellschaft reaffirmed a "sell" rating and set a GBX 165 price objective on shares of Wickes Group in a research note on Wednesday, September 16th. Citigroup dropped their price objective on Wickes Group from GBX 227 to GBX 210 and set a "neutral" rating for the company in a research report on Thursday, July 23rd. Jefferies Financial Group reissued a "buy" rating and issued a GBX 250 target price on shares of Wickes Group in a research note on Friday. Finally, Shore Capital Group reissued a "buy" rating and issued a GBX 280 target price on shares of Wickes Group in a research note on Tuesday, July 21st.

Wickes Group Trading Up 1.0%

LON:WIX opened at GBX 201 on Friday. 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 £440.71 million, a P/E ratio of 12.48, a PEG ratio of 0.79 and a beta of 0.85. The company has a current ratio of 1.03, a quick ratio of 0.58 and a debt-to-equity ratio of 638.77. The stock's 50 day simple moving average is GBX 195.72 and its 200-day simple moving average is GBX 194.11.

Wickes Group (LON:WIX - Get Free Report) last posted its quarterly earnings results on Tuesday, September 15th. The company reported GBX 9.60 EPS for the quarter. Wickes Group had a return on equity of 30.64% and a net margin of 2.23%. Equities analysts anticipate 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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