Ferguson (LON:FERG)‘s stock had its “add” rating reaffirmed by analysts at Peel Hunt in a report released on Tuesday, ThisIsMoney.Co.Uk reports.
A number of other equities research analysts have also recently issued reports on the stock. Jefferies Financial Group boosted their target price on shares of 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. Goldman Sachs Group reissued a “buy” rating on shares of Ferguson in a research report on Tuesday, August 13th. JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 5,950 ($77.75) target price on shares of Ferguson in a research report on Wednesday, May 15th. Credit Suisse Group cut shares of Ferguson to an “underperform” rating and reduced their target price for the company from GBX 5,735 ($74.94) to GBX 4,740 ($61.94) in a research report on Friday, May 17th. Finally, Barclays reissued an “overweight” rating on shares of Ferguson in a research report on Monday, June 10th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and seven have given a buy rating to the company’s stock. Ferguson presently has a consensus rating of “Hold” and a consensus target price of GBX 5,902.07 ($77.12).
FERG stock opened at GBX 6,062 ($79.21) on Tuesday. The company has a debt-to-equity ratio of 60.47, a current ratio of 1.84 and a quick ratio of 1.02. The company has a fifty day moving average price of GBX 5,958.68 and a two-hundred day moving average price of GBX 5,498.33. Ferguson has a one year low of GBX 4,594 ($60.03) and a one year high of GBX 6,601 ($86.25). The stock has a market cap of $13.92 billion and a price-to-earnings ratio of 10.05.
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.
Further Reading: CD Ladder
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.