Ferguson Plc (FERG) Earns “Overweight” Rating from Barclays PLC
Several other research firms also recently weighed in on FERG. Citigroup Inc. upgraded shares of Ferguson Plc to a buy rating and set a GBX 5,220 ($70.38) price objective on the stock in a report on Tuesday. J P Morgan Chase & Co restated an overweight rating and set a GBX 5,600 ($75.50) price objective on shares of Ferguson Plc in a report on Wednesday, August 30th.
Shares of Ferguson Plc (LON FERG) opened at 4710.00 on Tuesday. Ferguson Plc has a 52 week low of GBX 4,099.00 and a 52 week high of GBX 5,285.00. The stock’s market cap is GBX 11.93 billion.
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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.
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