Ferguson (LON:FERG)‘s stock had its “neutral” rating reissued by investment analysts at UBS Group in a research note issued on Thursday, September 19th, ThisIsMoney.Co.Uk reports.
Other analysts also recently issued research reports about the company. Numis Securities upgraded Ferguson to an “add” rating in a research note on Thursday, June 6th. Jefferies Financial Group increased their price target on Ferguson from GBX 6,127 ($80.06) to GBX 6,702 ($87.57) and gave the stock 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, September 3rd. Berenberg Bank downgraded Ferguson to a “hold” rating and lowered their price target for the stock from GBX 6,500 ($84.93) to GBX 6,000 ($78.40) in a research report on Friday, June 14th. Finally, JPMorgan Chase & Co. increased their price target on Ferguson from GBX 5,950 ($77.75) to GBX 6,480 ($84.67) and gave the stock an “overweight” rating in a research report on Friday, September 6th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have assigned a buy rating to the stock. Ferguson has an average rating of “Hold” and an average price target of GBX 5,977.13 ($78.10).
Shares of FERG stock traded down GBX 2 ($0.03) during mid-day trading on Thursday, reaching GBX 6,400 ($83.63). The stock had a trading volume of 651,438 shares, compared to its average volume of 656,008. Ferguson has a 1-year low of GBX 4,594 ($60.03) and a 1-year high of GBX 6,450 ($84.28). The company has a current ratio of 1.72, a quick ratio of 1.04 and a debt-to-equity ratio of 54.02. The firm has a market cap of $14.58 billion and a price-to-earnings ratio of 13.39. The business’s fifty day moving average is GBX 6,092.88 and its 200-day moving average is GBX 5,675.13.
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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