Deutsche Bank Aktiengesellschaft downgraded shares of Wickes Group (LON:WIX - Free Report) to a sell rating in a report released on Tuesday morning, Marketbeat reports. Deutsche Bank Aktiengesellschaft currently has GBX 195 target price on the stock, down from their previous target price of GBX 205.
A number of other equities research analysts also recently issued reports on the stock. Shore Capital reiterated a "buy" rating on shares of Wickes Group in a research report on Thursday, July 24th. Canaccord Genuity Group reiterated a "buy" rating and issued a GBX 250 target price on shares of Wickes Group in a research report on Thursday, July 24th. Three analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of GBX 208.33.
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Wickes Group Stock Down 0.9%
WIX stock traded down GBX 1.90 during midday trading on Tuesday, reaching GBX 199.60. The company had a trading volume of 489,579 shares, compared to its average volume of 1,350,416. Wickes Group has a 1 year low of GBX 142.30 and a 1 year high of GBX 236. The company has a current ratio of 1.10, a quick ratio of 0.58 and a debt-to-equity ratio of 456.98. The company has a market capitalization of £464.01 million, a P/E ratio of 2,661.33, a PEG ratio of 0.79 and a beta of 0.78. The company has a 50 day moving average of GBX 221.16 and a two-hundred day moving average of GBX 201.85.
About Wickes Group
(
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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.
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