Morgan Stanley analyst Annelies Vermeulen raised the firm’s price target on Ferguson to 9,890 GBp from 9,500 GBp and keeps an Equal Weight rating on the shares.
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Read More on FERG:
- Ferguson price target raised to $155 from $140 at Baird
- Ferguson backs FY23 guidance for net sales growth of low single digits
- Ferguson reports Q1 adjusted EPS $2.95, consensus $2.78
- Ferguson price target lowered to 9,630 GBp from 9,960 GBp at Deutsche Bank
- Ferguson acquires HVAC distributor Airefco