Morgan Stanley Sticks to Their Buy Rating for Ferguson PLC (FERG)
In a report released today, Annelies Vermeulen from Morgan Stanley maintained a Buy rating on Ferguson PLC, with a price target of p20,100.00.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
According to TipRanks, Vermeulen is a 2-star analyst with an average return of 0.0% and a 46.09% success rate. Vermeulen covers the Industrials sector, focusing on stocks such as Experian, Diploma, and RS Group PLC.
Ferguson PLC has an analyst consensus of Strong Buy, with a price target consensus of p19,441.26.
The company has a one-year high of $256.93 and a one-year low of $146.00. Currently, Ferguson PLC has an average volume of 1.51M.
Based on the recent corporate insider activity of 79 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:
