Wickes Group’s (WIX) Sell Rating Reiterated at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reissued their sell rating on shares of Wickes Group (LON:WIX) in a research note published on Wednesday,Digital Look reports. They currently have a GBX 165 price target on the stock.

Several other analysts have also recently commented on the stock. Shore Capital Group restated a “buy” rating and set a GBX 280 price objective on shares of Wickes Group in a research note on Tuesday, July 21st. Citigroup decreased their target price on Wickes Group from GBX 227 to GBX 210 and set a “neutral” rating on the stock in a research report on Thursday, July 23rd. Canaccord Genuity Group dropped their price target on Wickes Group from GBX 265 to GBX 260 and set a “buy” rating for the company in a research report on Wednesday, July 22nd. Finally, Berenberg Bank restated a “buy” rating and issued a GBX 265 price target on shares of Wickes Group in a research report on Wednesday, July 22nd. Four analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of GBX 243.

Wickes Group Stock Performance

Wickes Group stock opened at GBX 193.60 on Wednesday. The company has a debt-to-equity ratio of 638.77, a quick ratio of 0.58 and a current ratio of 1.03. The company has a market capitalization of £425.72 million, a PE ratio of 11.80, a P/E/G ratio of 0.79 and a beta of 0.85. The company has a 50 day moving average price of GBX 192.86 and a 200-day moving average price of GBX 196.51. Wickes Group has a fifty-two week low of GBX 169.20 and a fifty-two week high of GBX 255.

Wickes Group (LON:WIX) last posted its earnings results on Tuesday, September 15th. The company reported GBX 9.60 EPS for the quarter. Wickes Group had a net margin of 2.23% and a return on equity of 30.64%. As a group, equities analysts forecast that Wickes Group will post 16.2278978 earnings per share for the current year.

Wickes Group Company Profile

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.