Ferguson Plc (LON:FERG) had its price target upped by Liberum Capital from GBX 5,300 ($69.71) to GBX 5,450 ($71.68) in a research report report published on Tuesday. They currently have a buy rating on the stock.

FERG has been the subject of a number of other research reports. Peel Hunt lifted their target price on shares of Ferguson Plc from GBX 5,120 ($67.34) to GBX 5,200 ($68.39) and gave the company a hold rating in a research note on Tuesday, October 3rd. Barclays PLC reiterated an overweight rating and issued a GBX 5,600 ($73.66) target price on shares of Ferguson Plc in a research note on Tuesday, September 19th. Royal Bank Of Canada upgraded shares of Ferguson Plc to an outperform rating and lifted their target price for the company from GBX 5,000 ($65.76) to GBX 5,200 ($68.39) in a research note on Monday, July 31st. Berenberg Bank reiterated a buy rating and issued a GBX 5,800 ($76.29) target price on shares of Ferguson Plc in a research note on Wednesday, October 25th. Finally, Deutsche Bank AG reiterated a hold rating and issued a GBX 4,700 ($61.82) target price on shares of Ferguson Plc in a research note on Wednesday, October 4th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and nine have given a buy rating to the company’s stock. Ferguson Plc currently has an average rating of Hold and a consensus price target of GBX 5,251.57 ($69.07).

Ferguson Plc (LON:FERG) traded down GBX 37.96 ($0.50) during trading hours on Tuesday, hitting GBX 5,202.04 ($68.42). 870,813 shares of the stock were exchanged, compared to its average volume of 915,143. Ferguson Plc has a 52 week low of GBX 4,427 ($58.23) and a 52 week high of GBX 5,425 ($71.35).

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The firm also recently announced a dividend, which will be paid on Friday, December 1st. Shareholders of record on Thursday, October 26th will be issued a dividend of GBX 73.33 ($0.96) per share. This represents a yield of 1.41%. The ex-dividend date of this dividend is Thursday, October 26th.

In other Ferguson Plc news, insider Richard Shoylekov sold 18,712 shares of Ferguson Plc stock in a transaction on Tuesday, November 7th. The shares were sold at an average price of GBX 5,368 ($70.60), for a total transaction of £1,004,460.16 ($1,321,136.60).

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.

Analyst Recommendations for Ferguson Plc (LON:FERG)

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