Peel Hunt upgraded shares of Ferguson (LON:FERG) to an add rating in a report published on Monday, ThisIsMoney.Co.Uk reports.

FERG has been the topic of several other reports. Citigroup lowered their price objective on shares of Ferguson from GBX 6,650 ($86.89) to GBX 6,200 ($81.01) and set a buy rating on the stock in a research report on Wednesday, March 27th. Barclays lowered their price objective on shares of Ferguson from GBX 6,700 ($87.55) to GBX 6,200 ($81.01) and set an overweight rating on the stock in a research report on Wednesday, March 27th. JPMorgan Chase & Co. raised shares of Ferguson to an overweight rating and lowered their price objective for the stock from GBX 6,350 ($82.97) to GBX 5,950 ($77.75) in a research report on Wednesday, March 27th. Numis Securities downgraded shares of Ferguson to an add rating and set a GBX 5,400 ($70.56) price objective on the stock. in a research report on Wednesday, March 27th. Finally, Credit Suisse Group downgraded shares of Ferguson to an underperform rating and lowered their price objective for the stock from GBX 5,735 ($74.94) to GBX 4,740 ($61.94) in a research report on Friday, May 17th. One research analyst has rated the stock with a sell rating, five have given a hold rating and eight have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and an average price target of GBX 5,895.50 ($77.04).

Shares of LON:FERG opened at GBX 5,074 ($66.30) on Monday. Ferguson has a 12 month low of GBX 4,594 ($60.03) and a 12 month high of GBX 6,601 ($86.25). The company has a current ratio of 1.84, a quick ratio of 1.02 and a debt-to-equity ratio of 60.47. The firm has a market cap of $11.69 billion and a P/E ratio of 8.41.

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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