Ferguson’s (FERG) Add Rating Reaffirmed at Peel Hunt

Ferguson (LON:FERG)‘s stock had its “add” rating reaffirmed by analysts at Peel Hunt in a research note issued on Tuesday, ThisIsMoney.Co.Uk reports.

FERG has been the topic of a number of other research reports. Peel Hunt reiterated an “add” rating and issued a GBX 5,430 ($70.95) price target on shares of Ferguson in a research report on Tuesday, October 1st. Jefferies Financial Group upped their price target on Ferguson from GBX 6,127 ($80.06) to GBX 6,702 ($87.57) and gave the company a “buy” rating in a research report on Thursday, August 8th. Liberum Capital reiterated a “buy” rating on shares of Ferguson in a research report on Tuesday, October 1st. Bank of America lowered Ferguson to an “underperform” rating and upped their price target for the company from GBX 5,000 ($65.33) to GBX 5,500 ($71.87) in a research report on Tuesday, August 27th. Finally, UBS Group reiterated a “neutral” rating and issued a GBX 6,600 ($86.24) price target (up previously from GBX 6,500 ($84.93)) on shares of Ferguson in a research report on Thursday, October 3rd. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of GBX 5,977.13 ($78.10).

LON FERG opened at GBX 6,490 ($84.80) on Tuesday. The business’s 50-day moving average price is GBX 6,118.20 and its two-hundred day moving average price is GBX 5,690.96. Ferguson has a 12 month low of GBX 4,594 ($60.03) and a 12 month high of GBX 6,450 ($84.28). The firm has a market capitalization of $14.56 billion and a PE ratio of 13.58. The company has a current ratio of 1.72, a quick ratio of 1.04 and a debt-to-equity ratio of 54.02.

Ferguson Company Profile

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.

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Analyst Recommendations for Ferguson (LON:FERG)

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