Jefferies Group reaffirmed their hold rating on shares of Ferguson (LON:FERG) in a research report report published on Thursday.
Other equities analysts have also issued research reports about the stock. Numis Securities upgraded shares of Ferguson to an add rating and set a GBX 6,150 ($84.97) target price for the company in a research report on Tuesday, January 16th. Citigroup reaffirmed a buy rating on shares of Ferguson in a research note on Friday, December 1st. Liberum Capital upped their price target on shares of Ferguson from GBX 5,450 ($75.30) to GBX 5,800 ($80.13) and gave the company a buy rating in a research note on Monday, January 15th. Canaccord Genuity downgraded shares of Ferguson to a hold rating and upped their price target for the company from GBX 5,435 ($75.09) to GBX 5,870 ($81.10) in a research note on Wednesday, December 6th. Finally, Peel Hunt upped their price target on shares of Ferguson from GBX 5,200 ($71.84) to GBX 5,220 ($72.12) and gave the company a hold rating in a research note on Wednesday, December 6th. Nine equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The company presently has an average rating of Hold and an average target price of GBX 5,724.29 ($79.09).
FERG stock opened at GBX 5,264 ($72.73) on Thursday. Ferguson has a 12-month low of GBX 4,427 ($61.16) and a 12-month high of GBX 5,722 ($79.05). The firm has a market cap of $13,070.00 and a price-to-earnings ratio of 1,499.72.
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Ferguson 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.
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