Wickes Group’s (WIX) Buy Rating Reaffirmed at Canaccord Genuity Group

Canaccord Genuity Group reissued their buy rating on shares of Wickes Group (LON:WIX) in a research report sent to investors on Thursday, MarketBeat.com reports. They currently have a GBX 198 ($2.57) target price on the stock.

Separately, Shore Capital reissued a “not rated” rating on shares of Wickes Group in a research note on Thursday.

Wickes Group Price Performance

Shares of LON WIX opened at GBX 182.77 ($2.37) on Thursday. The firm’s 50-day simple moving average is GBX 167.05 and its 200 day simple moving average is GBX 161.49. The stock has a market cap of £432.74 million, a P/E ratio of 14.78, a P/E/G ratio of 0.79 and a beta of 0.78. The company has a quick ratio of 0.58, a current ratio of 1.10 and a debt-to-equity ratio of 456.98. Wickes Group has a fifty-two week low of GBX 130.60 ($1.69) and a fifty-two week high of GBX 186 ($2.41).

Wickes Group (LON:WIX) last posted its quarterly earnings data on Thursday, March 20th. The company reported GBX 14.10 ($0.18) EPS for the quarter. Wickes Group had a net margin of 2.01% and a return on equity of 19.39%. Equities analysts expect that Wickes Group will post 16.2278978 EPS for the current year.

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 over 230 stores across the UK, employing 8,500 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 £25 billion UK Home Improvement market.