Ferguson Plc’s (WOS) “Buy” Rating Reaffirmed at Liberum Capital
Liberum Capital reaffirmed their buy rating on shares of Ferguson Plc (LON:WOS) in a research report released on Tuesday morning. Liberum Capital currently has a GBX 5,300 ($70.30) target price on the stock.
Other equities research analysts also recently issued reports about the stock. Royal Bank Of Canada raised shares of Ferguson Plc to an outperform rating and increased their price objective for the company from GBX 5,000 ($66.32) to GBX 5,200 ($68.97) in a research report on Monday, July 31st. J P Morgan Chase & Co raised shares of Ferguson Plc to an overweight rating and lifted their price objective for the stock from GBX 4,960 ($65.79) to GBX 5,600 ($74.28) in a research report on Monday, June 5th. Goldman Sachs Group, Inc. (The) reaffirmed a neutral rating and set a GBX 5,000 ($66.32) price objective on shares of Ferguson Plc in a research report on Monday, July 17th. Berenberg Bank boosted their target price on shares of Ferguson Plc from GBX 5,700 ($75.61) to GBX 5,800 ($76.93) and gave the stock a buy rating in a research note on Monday, July 3rd. Finally, Sanford C. Bernstein initiated coverage on shares of Ferguson Plc in a research note on Wednesday, September 13th. They set an outperform rating for the company. One analyst has rated the stock with a sell rating, seven have given a hold rating and nine have assigned a buy rating to the company. The stock has an average rating of Hold and a consensus target price of GBX 5,220.14 ($69.24).
Ferguson Plc (LON WOS) opened at 4527.00 on Tuesday. Ferguson Plc has a 52 week low of GBX 4,099.00 and a 52 week high of GBX 5,285.00. The company’s 50-day moving average price is GBX 4,584.81 and its 200 day moving average price is GBX 4,832.78.
Ferguson Plc Company Profile
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.
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