♔ The Trade Off
Ferguson PLC (FERG) Gets a Buy from Bank of America Securities
Bank of America Securities analyst Arnaud Lehmann reiterated a Buy rating on Ferguson PLC today and set a price target of p21,000.00.
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According to TipRanks, Lehmann is a 4-star analyst with an average return of 16.0% and a 74.47% success rate.
Currently, the analyst consensus on Ferguson PLC is a Strong Buy with an average price target of p19,974.16.
FERG market cap is currently $48.21B and has a P/E ratio of 26.38.
Based on the recent corporate insider activity of 81 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FERG in relation to earlier this year.
Read More on GB:FERG:
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- Ferguson PLC: Strong Performance and Strategic Positioning Justify Buy Rating
- Ferguson reports Q1 adjusted EPS $2.84, consensus $2.72
- Ferguson sees FY25 sales growth of 5% vs. prior view mid-single digits
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