Wickes Group's (WIX) "Buy" Rating Reiterated at Shore Capital

Wickes Group (LON:WIX - Get Free Report)'s stock had its "buy" rating reaffirmed by equities researchers at Shore Capital in a report released on Thursday,London Stock Exchange reports.

Separately, Canaccord Genuity Group reissued a "buy" rating and issued a GBX 250 ($3.40) target price on shares of Wickes Group in a research report on Thursday.

Wickes Group Trading Up 2.5%

Shares of Wickes Group stock traded up GBX 5.50 ($0.07) during mid-day trading on Thursday, hitting GBX 226 ($3.07). 3,926,218 shares of the stock were exchanged, compared to its average volume of 1,508,635. The company has a 50-day simple moving average of GBX 223.75 and a 200 day simple moving average of GBX 191.40. The company has a current ratio of 1.10, a quick ratio of 0.58 and a debt-to-equity ratio of 456.98. Wickes Group has a twelve month low of GBX 141.40 ($1.92) and a twelve month high of GBX 236 ($3.21). The stock has a market capitalization of £535.10 million, a price-to-earnings ratio of 18.27, a price-to-earnings-growth 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.