David Manthey analyst at Robert W. Baird reiterates coverage on Ferguson PLC (FERG) in the Industrial Goods sector with a Buy rating. TipRanks.com has Manthey rated as a 4.7 star analyst with a 64% return on investment and a 11.3% success rate. Manthey has set a price target of $ 160.
TipRanks.com reports that Ferguson PLC currently has 12 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $158.68. The target pricing ranges from a high forecast of $177.65 down to a low forecast of $130.59. Ferguson PLC (FERG)’s last closing price was $138.53 which would put the average price target at 14.77% upside.
In addition, TradingView issued a Buy rating for FERG over the next month, Barchart.com has a Strong buy rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on FERG.
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This article was pulled from the authority in health stocks, industrialstockmovers.com. While we integrate our news with IndustrialStockMovers.com, if you are interested in the healthtech sector, please visit IndustrialStockMovers.com.
One resource you need to consider using Tipranks.com where as a premium member you get access to all buy ratings, price targets and insider trading signals. Click here for more on Tipranks.com. Another great tool for charting is TradingView.com, so you might want to check that out too.
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