Ferguson Plc (OTCMKTS:FERGY) – Stock analysts at Jefferies Financial Group upped their FY2020 earnings per share (EPS) estimates for shares of Ferguson in a research report issued to clients and investors on Wednesday, July 29th. Jefferies Financial Group analyst P. Woolf now forecasts that the company will post earnings per share of $0.46 for the year, up from their prior estimate of $0.44.
Several other equities research analysts have also recently issued reports on FERGY. Societe Generale raised shares of Ferguson from a “hold” rating to a “buy” rating in a research note on Wednesday. Royal Bank of Canada restated an “underperform” rating on shares of Ferguson in a research report on Monday, July 27th. Deutsche Bank reiterated a “buy” rating on shares of Ferguson in a report on Wednesday, July 22nd. Credit Suisse Group upgraded Ferguson from an “underperform” rating to a “neutral” rating in a report on Friday, April 17th. Finally, JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Ferguson in a research note on Monday, July 27th. Three analysts have rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $9.75.
Ferguson stock opened at $8.84 on Friday. The stock has a 50-day moving average price of $8.28 and a 200 day moving average price of $7.92. Ferguson has a 52 week low of $4.55 and a 52 week high of $9.87. The stock has a market cap of $19.94 billion, a PE ratio of 14.03, a P/E/G ratio of 2.69 and a beta of 1.33.
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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