Ferguson (FERGY) Upgraded by Zacks Investment Research to “Buy”

Zacks Investment Research upgraded shares of Ferguson (OTCMKTS:FERGY) from a hold rating to a buy rating in a research report report published on Friday. The firm currently has $8.25 target price on the stock.

According to Zacks, “Ferguson plc is a distributor of plumbing and heating products to professional contractors and consumers primarily in the USA, UK, Nordics, Canada and Central Europe. Ferguson plc, formerly known as Wolseley plc, is headquartered in Zug, Switzerland. “

How to Become a New Pot Stock Millionaire

Other equities analysts have also issued research reports about the stock. Numis Securities upgraded shares of Ferguson from a hold rating to an add rating in a research report on Tuesday, January 16th. ValuEngine upgraded shares of Ferguson from a hold rating to a buy rating in a research report on Sunday, December 31st. Finally, Royal Bank of Canada reiterated a sector perform rating on shares of Ferguson in a research report on Wednesday, January 17th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company presently has a consensus rating of Buy and a consensus price target of $8.25.

FERGY remained flat at $$7.45 on Friday. 130,217 shares of the company were exchanged, compared to its average volume of 502,723. The company has a market cap of $18,528.51, a price-to-earnings ratio of 20.14, a PEG ratio of 1.48 and a beta of 1.05. The company has a quick ratio of 1.26, a current ratio of 1.74 and a debt-to-equity ratio of 0.34. Ferguson has a 12-month low of $5.80 and a 12-month high of $7.98.

TRADEMARK VIOLATION NOTICE: This report was originally reported by Ticker Report and is the sole property of of Ticker Report. If you are reading this report on another domain, it was illegally stolen and republished in violation of US & international trademark and copyright legislation. The correct version of this report can be viewed at https://www.tickerreport.com/banking-finance/3338133/ferguson-fergy-upgraded-by-zacks-investment-research-to-buy.html.

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, and commercial sectors for repair, maintenance, and improvement (RMI), as well as new construction markets.

Receive News & Ratings for Ferguson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ferguson and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

XYLO 24-Hour Volume Tops $0.00
XYLO 24-Hour Volume Tops $0.00
Financial Survey: Boot Barn  & Foot Locker
Financial Survey: Boot Barn & Foot Locker
Yelp  versus Weight Watchers  Head-To-Head Contrast
Yelp versus Weight Watchers Head-To-Head Contrast
Reviewing Zynex  & Its Competitors
Reviewing Zynex & Its Competitors
Animecoin Price Reaches $0.0111 on Exchanges
Animecoin Price Reaches $0.0111 on Exchanges
Elcoin   Trading 13% Lower  Over Last 7 Days
Elcoin Trading 13% Lower Over Last 7 Days


© 2006-2018 Ticker Report. Google+.