Ferguson plc (LON: FERG – Get Rating) received an average “Hold” rating from eleven ratings firms covering the stock, Marketbeat reports. Seven analysts rated the stock with a hold rating, and four analysts gave the company a buy rating. The average one-year price target among analysts who updated their coverage of the stock in the past year is 125.57 pounds ($156.86).
Several brokerages have recently released reports on FERG. Morgan Stanley reissued an “equal weight” rating for Ferguson shares in a research note on Thursday, April 14th. Liberum Capital lowered its price target for Ferguson shares from £128 ($159.90) to £125 ($156.15) and assigned a “pending” rating to the company in a research report on Monday, January 24. JPMorgan Chase & Co. has re-rated it “neutral” and issued a price target of £147 ($183.64) for Ferguson shares in a research report on Friday, January 14. Deutsche Bank Aktiengesellschaft cut Ferguson shares to a “hold” rating and lowered its share price target from £132.60 ($165.65) to GBX 9960 ($124.42) in a research report on Wednesday, April 13. Finally, Berenberg Bank lowered its price target for Ferguson shares from £150 ($187.38) to £140 ($174.89) and assigned a “buy” rating to the company in a research report on Tuesday, March 15.
LON FERG shares opened at GBX 9332 ($116.58) on Monday. Ferguson has a 12-month low of GBX 9056 ($113.13) and a 12-month high of £136.40 ($170.39). The company has a market capitalization of £20.17 billion and a PE ratio of 12.37. The company has a debt-to-equity ratio of 86.63, a trading ratio of 1.67 and a quick ratio of 0.75. The company’s 50-day moving average is £104.67 and its 200-day moving average is £113.67.
The company also recently disclosed a dividend that was paid on Friday, May 6th. A dividend was paid to shareholders of record on Thursday, March 24 of $0.84. The dividend payout date was Thursday, March 24th. This represents a dividend yield of 0.55%. Ferguson’s dividend yield is currently 0.32%.
About Ferguson (Get Rating)
Ferguson plc distributes plumbing and heating products in the United States and Canada. Provides plumbing and heating solutions to clients in the residential, commercial, civil/infrastructure and industrial end markets. The company also distributes pipes, valves, fittings, plumbing supplies, water heaters, kitchen and bathroom fixtures and appliances. HVAC products and supplies; and plumbing parts and supplies, fire sprinkler systems, hangers, supports and fixings.
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