Wickes Group’s (WIX) “Buy” Rating Reiterated at Canaccord Genuity Group

Wickes Group (LON:WIX)‘s stock had its “buy” rating restated by Canaccord Genuity Group in a research note issued to investors on Tuesday, Digital Look reports. They currently have a GBX 180 ($2.35) target price on the stock. Canaccord Genuity Group’s price objective suggests a potential upside of 5.51% from the stock’s current price.

Wickes Group Stock Up 2.9 %

WIX traded up GBX 4.80 ($0.06) on Tuesday, hitting GBX 170.60 ($2.23). 1,097,644 shares of the company were exchanged, compared to its average volume of 589,135. The firm has a 50-day moving average price of GBX 151.54 and a two-hundred day moving average price of GBX 148.78. The company has a current ratio of 1.18, a quick ratio of 0.58 and a debt-to-equity ratio of 413.84. Wickes Group has a twelve month low of GBX 120 ($1.57) and a twelve month high of GBX 175 ($2.29). The company has a market cap of £403.98 million, a price-to-earnings ratio of 1,411.10, a price-to-earnings-growth ratio of 0.79 and a beta of 0.74.

About Wickes Group

Wickes Group plc operates as a retailer of home repair, maintenance, and improvement products and services in the United Kingdom. It supports customers home improvements plans through Local Trade, Design and Installation, and do-it-yourself (DIY) prepositions. The company's products portfolio includes kitchen, bathroom, garden and outdoor space, building supplies, tools, timber, doors, drawer fronts, decorating, flooring and tiles, electrical, hardware and roofing, painting, extensions, loft conversions, driveway, hang a shelf, and joinery and landscaping categories.