Ferguson Plc (LON:FERG) has earned an average recommendation of “Buy” from the twelve ratings firms that are currently covering the stock, Marketbeat.com reports. Five analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is GBX 5,901.55 ($77.11).

FERG has been the subject of a number of analyst reports. Canaccord Genuity reissued a “buy” rating and issued a GBX 5,800 ($75.79) price target on shares of Ferguson in a report on Tuesday, January 8th. Liberum Capital restated a “buy” rating on shares of Ferguson in a research note on Monday, January 14th. Royal Bank of Canada cut their price objective on Ferguson from GBX 6,300 ($82.32) to GBX 5,200 ($67.95) and set a “sector performer” rating on the stock in a research note on Thursday, March 28th. UBS Group restated a “neutral” rating and set a GBX 5,050 ($65.99) price objective (down previously from GBX 5,200 ($67.95)) on shares of Ferguson in a research note on Wednesday, March 27th. Finally, Peel Hunt upgraded Ferguson to an “add” rating and cut their price objective for the company from GBX 5,980 ($78.14) to GBX 5,430 ($70.95) in a research note on Tuesday, March 26th.

FERG traded up GBX 70 ($0.91) on Wednesday, reaching GBX 5,400 ($70.56). The company’s stock had a trading volume of 416,509 shares, compared to its average volume of 656,008. The company has a market capitalization of $12.45 billion and a P/E ratio of 8.95. Ferguson has a 1 year low of GBX 4,594 ($60.03) and a 1 year high of GBX 6,601 ($86.25). The company has a debt-to-equity ratio of 60.47, a quick ratio of 1.02 and a current ratio of 1.84.

The company also recently disclosed a dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Thursday, April 4th will be paid a dividend of $0.63 per share. This represents a yield of 1%. The ex-dividend date is Thursday, April 4th. Ferguson’s payout ratio is currently 0.25%.

In other news, insider John W. Martin sold 14,560 shares of the stock in a transaction that occurred on Monday, January 21st. The stock was sold at an average price of GBX 5,337 ($69.74), for a total transaction of £777,067.20 ($1,015,375.93).

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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Analyst Recommendations for Ferguson (LON:FERG)

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