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Ferguson PLC (FERG) Receives a Buy from Wells Fargo
In a report released today, Sam Reid from Wells Fargo maintained a Buy rating on Ferguson PLC, with a price target of $260.00.
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Reid covers the Consumer Cyclical sector, focusing on stocks such as Toll Brothers, Lennar, and Mohawk. According to TipRanks, Reid has an average return of 2.5% and a 48.24% success rate on recommended stocks.
In addition to Wells Fargo, Ferguson PLC also received a Buy from William Blair’s Ryan Merkel in a report issued today. However, on March 24, TipRanks – OpenAI downgraded Ferguson PLC (LSE: FERG) to a Hold.
FERG market cap is currently $45.86B and has a P/E ratio of 28.00.
Read More on GB:FERG:
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- Ferguson PLC: Strengthening Sector Demand and Above-Consensus Organic Growth Support Buy Rating
- Ferguson: Resilient Earnings, Margin Upside, and Balanced End-Market Exposure Support Buy Rating
- Ferguson price target raised to 21,100 GBp from 20,100 GBp at Morgan Stanley
- Ferguson Grants Equity Awards to Senior Executives Under 2023 Incentive Plan
- Ferguson Files Proxy Materials and Sets Timeline for 2026 Virtual Annual Meeting
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