Ferguson (FERG) Stock Rating Reaffirmed by Liberum Capital

Ferguson (LON:FERG)‘s stock had its “buy” rating restated by equities researchers at Liberum Capital in a report released on Friday.

Several other research firms also recently commented on FERG. Deutsche Bank reissued a “hold” rating and issued a GBX 4,700 ($64.94) target price on shares of Ferguson in a report on Tuesday, January 30th. Numis Securities raised Ferguson to an “add” rating and set a GBX 6,150 ($84.97) target price on the stock in a report on Tuesday, January 16th. JPMorgan Chase & Co. boosted their target price on Ferguson from GBX 5,900 ($81.51) to GBX 6,250 ($86.35) and gave the stock an “overweight” rating in a report on Tuesday, January 16th. Credit Suisse Group lowered their price target on Ferguson from GBX 6,500 ($89.80) to GBX 6,280 ($86.76) and set an “outperform” rating on the stock in a report on Wednesday. Finally, Barclays reaffirmed an “overweight” rating and set a GBX 6,000 ($82.90) price target on shares of Ferguson in a report on Monday, December 18th. Nine analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of GBX 5,820 ($80.41).

How to Become a New Pot Stock Millionaire

Shares of Ferguson (LON FERG) opened at GBX 5,216 ($72.06) on Friday. Ferguson has a 1-year low of GBX 4,427 ($61.16) and a 1-year high of GBX 5,722 ($79.05). The company has a market capitalization of $13,070.00 and a price-to-earnings ratio of 1,486.04.

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About Ferguson

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.

Analyst Recommendations for Ferguson (LON:FERG)

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