Liberum Capital restated their buy rating on shares of Ferguson (LON:FERG) in a research report sent to investors on Tuesday.

FERG has been the subject of a number of other reports. Canaccord Genuity reiterated a buy rating and issued a GBX 5,800 ($75.79) price objective on shares of Ferguson in a report on Tuesday, January 8th. Barclays reiterated an overweight rating and issued a GBX 6,700 ($87.55) price objective on shares of Ferguson in a report on Wednesday, December 5th. JPMorgan Chase & Co. reiterated a neutral rating and issued a GBX 6,350 ($82.97) price objective on shares of Ferguson in a report on Wednesday, December 5th. Peel Hunt upped their price objective on Ferguson from GBX 5,300 ($69.25) to GBX 5,980 ($78.14) and gave the stock a hold rating in a report on Tuesday, December 4th. Finally, Societe Generale cut their price objective on Ferguson from GBX 7,200 ($94.08) to GBX 6,750 ($88.20) and set a buy rating for the company in a report on Wednesday, December 5th. Five investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Ferguson has a consensus rating of Buy and an average price target of GBX 5,959.75 ($77.87).

Ferguson stock opened at GBX 4,862.50 ($63.54) on Tuesday. Ferguson has a 52 week low of GBX 4,688.50 ($61.26) and a 52 week high of GBX 6,601 ($86.25). The company has a debt-to-equity ratio of 47.57, a current ratio of 1.64 and a quick ratio of 0.96. The stock has a market cap of $11.21 billion and a P/E ratio of 9.00.

The company also recently disclosed a dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Thursday, April 4th will be issued a $0.63 dividend. This represents a dividend yield of 1%. The ex-dividend date is Thursday, April 4th. Ferguson’s payout ratio is currently 0.27%.

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

About Ferguson

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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