Ferguson (OTCMKTS:FERGY) Upgraded to Hold at Zacks Investment Research
According to Zacks, “Ferguson plc is a distributor of plumbing and heating products to professional contractors and consumers primarily in the USA, UK, Nordics, Canada and Central Europe. Ferguson plc, formerly known as Wolseley plc, is headquartered in Zug, Switzerland. “
FERGY has been the subject of several other research reports. Liberum Capital lowered shares of Ferguson from a “buy” rating to a “hold” rating in a research note on Friday, November 29th. Royal Bank of Canada lowered shares of Ferguson from a “sector perform” rating to an “underperform” rating in a research note on Thursday, September 19th. Finally, ValuEngine lowered shares of Ferguson from a “hold” rating to a “sell” rating in a research note on Friday, October 4th. Five equities research analysts have rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $9.25.
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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