Ferguson Plc (WOS) Given “Overweight” Rating at J P Morgan Chase & Co

J P Morgan Chase & Co reaffirmed their overweight rating on shares of Ferguson Plc (LON:WOS) in a research report sent to investors on Tuesday morning, StockTargetPrices.com reports. The brokerage currently has a GBX 5,600 ($74.28) price objective on the stock.

WOS has been the topic of a number of other reports. Royal Bank Of Canada upgraded shares of Ferguson Plc to an outperform rating and boosted their price target for the stock from GBX 5,000 ($66.32) to GBX 5,200 ($68.97) in a research note on Monday, July 31st. Liberum Capital upgraded shares of Ferguson Plc to a buy rating and boosted their price target for the stock from GBX 4,975 ($65.99) to GBX 5,300 ($70.30) in a research note on Friday, June 16th. Goldman Sachs Group, Inc. (The) reiterated a neutral rating and set a GBX 5,000 ($66.32) price target on shares of Ferguson Plc in a research note on Monday, July 17th. Berenberg Bank boosted their price target on shares of Ferguson Plc from GBX 5,700 ($75.61) to GBX 5,800 ($76.93) and gave the stock a buy rating in a research note on Monday, July 3rd. Finally, Sanford C. Bernstein initiated coverage on shares of Ferguson Plc in a research note on Wednesday, September 13th. They set an outperform rating on the stock. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and nine have issued a buy rating to the company. The stock has a consensus rating of Hold and an average target price of GBX 5,220.14 ($69.24).

Shares of Ferguson Plc (LON WOS) opened at 4527.00 on Tuesday. Ferguson Plc has a 1-year low of GBX 4,099.00 and a 1-year high of GBX 5,285.00. The stock’s 50 day moving average is GBX 4,584.81 and its 200 day moving average is GBX 4,832.78.

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Ferguson Plc Company Profile

Ferguson Plc, formerly Wolseley plc, is a Switzerland-based holding company. The Company is engaged in the distribution of plumbing and heating products and building materials. The Company’s segments include USA, UK, Nordics, and Canada and Central Europe. The Company operates seven business units in the United States, six of these mainly operate in the business to business (B2B) market with one operating in the business to consumer (B2C) market.

Stock Target Prices

Analyst Recommendations for Ferguson Plc (LON:WOS)

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