Wickes Group (LON:WIX) Sets New 1-Year High - What's Next?

Wickes Group plc (LON:WIX - Get Free Report)'s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as GBX 233 ($3.17) and last traded at GBX 229 ($3.11), with a volume of 57920 shares. The stock had previously closed at GBX 231 ($3.14).

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. Canaccord Genuity Group raised their price target on Wickes Group from GBX 198 ($2.69) to GBX 250 ($3.40) and gave the company a "buy" rating in a report on Tuesday, May 20th. Shore Capital reaffirmed a "buy" rating on shares of Wickes Group in a research report on Tuesday, May 6th.

Wickes Group Stock Down 0.3%

The business's 50 day moving average is GBX 218.80 and its 200 day moving average is GBX 186.49. 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 company has a market cap of £545.14 million, a P/E ratio of 18.61, a P/E/G ratio of 0.79 and a beta of 0.78.

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.

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