Ferguson Plc (OTCMKTS:FERGY) Given Consensus Rating of “Hold” by Brokerages

Ferguson Plc (OTCMKTS:FERGY) has received a consensus rating of “Hold” from the ten ratings firms that are covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and two have assigned a buy recommendation to the company.

Several research analysts have recently weighed in on FERGY shares. Citigroup cut Ferguson from a “buy” rating to a “neutral” rating in a research report on Monday, August 12th. SunTrust Banks started coverage on Ferguson in a research report on Tuesday, July 16th. They set a “buy” rating for the company. Stifel Nicolaus reaffirmed a “hold” rating on shares of Ferguson in a research report on Tuesday, May 7th. Credit Suisse Group cut Ferguson from a “neutral” rating to an “underperform” rating in a research report on Friday, May 17th. Finally, Zacks Investment Research raised Ferguson from a “sell” rating to a “hold” rating in a research report on Wednesday.

Shares of FERGY stock traded up $0.06 on Thursday, hitting $7.37. 129,001 shares of the stock were exchanged, compared to its average volume of 355,530. The firm has a market capitalization of $17.10 billion, a P/E ratio of 16.75, a price-to-earnings-growth ratio of 1.24 and a beta of 1.08. The business has a 50-day moving average of $7.29 and a 200 day moving average of $6.98. Ferguson has a fifty-two week low of $5.95 and a fifty-two week high of $8.67.

About Ferguson

Ferguson plc distributes plumbing and heating products in the United States, the United Kingdom, Canada, and Central Europe. It offers plumbing and heating solutions to customers in the residential, municipal, civil and industrial markets, and commercial sectors for repair, maintenance, and improvement (RMI), as well as new construction markets.

See Also: Neutral Rating

Analyst Recommendations for Ferguson (OTCMKTS:FERGY)

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