Oppenheimer Reaffirms Their Buy Rating on Ferguson PLC (FERG)
In a report released today, Scott Schneeberger from Oppenheimer maintained a Buy rating on Ferguson PLC, with a price target of $280.00.
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Schneeberger covers the Industrials sector, focusing on stocks such as WillScot Mobile Mini Holdings, XPO, and Ferguson PLC. According to TipRanks, Schneeberger has an average return of 12.3% and a 59.48% success rate on recommended stocks.
Ferguson PLC has an analyst consensus of Moderate Buy, with a price target consensus of $268.50.
FERG market cap is currently $51.2B and has a P/E ratio of 25.40.
Based on the recent corporate insider activity of 78 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 price target raised to $285 from $280 at Wells Fargo
- Ferguson: Positioned for Structural Growth and Double-Digit Earnings Through Disciplined Execution and Capital Allocation
- Ferguson: Robust Financial Performance and Structural Growth Drivers Justify Buy Rating and 21,000 GBp Target
- Ferguson price target raised to $295 from $278 at Barclays
- Ferguson: Solid Near-Term Execution and Long-Term Growth Drivers Underpin Buy Rating
