Canaccord Genuity Group Reaffirms “Buy” Rating for Wickes Group (LON:WIX)

Canaccord Genuity Group reaffirmed their buy rating on shares of Wickes Group (LON:WIX) in a research report sent to investors on Monday morning, Marketbeat.com reports. The firm currently has a GBX 180 ($2.31) target price on the stock.

Wickes Group Price Performance

Wickes Group stock opened at GBX 143.20 ($1.83) on Monday. The stock has a market cap of £343.26 million, a P/E ratio of 1,193.33, a price-to-earnings-growth ratio of 0.79 and a beta of 0.72. The company has a fifty day simple moving average of GBX 140.52 and a 200-day simple moving average of GBX 147.43. 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 12-month low of GBX 117.70 ($1.51) and a 12-month high of GBX 163.30 ($2.09).

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.