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.
A number of other brokerages also recently issued reports on FERG. Peel Hunt reiterated an “add” rating on shares of Ferguson in a research report on Tuesday, September 3rd. 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. Numis Securities upgraded Ferguson to an “add” rating in a research report on Thursday, June 6th. Barclays restated an “overweight” rating on shares of Ferguson in a research report on Wednesday, September 4th. Finally, Goldman Sachs Group restated a “buy” rating on shares of Ferguson in a research report on Tuesday, September 3rd. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and eight have issued a buy rating to the company’s stock. Ferguson has an average rating of “Hold” and an average target price of GBX 5,977.13 ($78.10).
Shares of FERG traded down GBX 2 ($0.03) during mid-day trading on Thursday, reaching GBX 6,400 ($83.63). The company had a trading volume of 651,438 shares, compared to its average volume of 656,008. The stock has a market capitalization of $14.58 billion and a P/E ratio of 13.39. The stock has a 50 day moving average of GBX 6,092.88 and a two-hundred day moving average of GBX 5,675.13. The company has a quick ratio of 1.04, a current ratio of 1.72 and a debt-to-equity ratio of 54.02. Ferguson has a 52-week low of GBX 4,594 ($60.03) and a 52-week high of GBX 6,450 ($84.28).
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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