Fintel stories that on May 24, 2023, Barclays maintained protection of Ferguson Plc. (NYSE:FERG) with a Overweight suggestion.
Analyst Price Forecast Suggests 4.07% Upside
As of May 11, 2023, the common one-year worth goal for Ferguson Plc. is 150.56. The forecasts vary from a low of 106.05 to a excessive of $203.70. The common worth goal represents a rise of 4.07% from its newest reported closing worth of 144.67.
See our leaderboard of firms with the biggest worth goal upside.
The projected annual income for Ferguson Plc. is 29,781MM, a lower of 0.77%. The projected annual non-GAAP EPS is 9.52.
What is the Fund Sentiment?
There are 579 funds or establishments reporting positions in Ferguson Plc.. This is a rise of 69 proprietor(s) or 13.53% within the final quarter. Average portfolio weight of all funds devoted to FERG is 0.72%, a rise of 4.02%. Total shares owned by establishments decreased within the final three months by 3.43% to 164,545K shares. 
The put/name ratio of FERG is 1.10, indicating a bearish outlook.
What are Other Shareholders Doing?
Janus Henderson Group holds 7,054K shares representing 3.45% possession of the corporate. In it is prior submitting, the agency reported proudly owning 6,593K shares, representing a rise of 6.54%. The agency decreased its portfolio allocation in FERG by 65.61% over the past quarter.
Invesco holds 6,612K shares representing 3.23% possession of the corporate. In it is prior submitting, the agency reported proudly owning 6,466K shares, representing a rise of two.21%. The agency decreased its portfolio allocation in FERG by 90.50% over the past quarter.
VTSMX – Vanguard Total Stock Market Index Fund Investor Shares holds 6,374K shares representing 3.12% possession of the corporate.
APG Asset Management N.V. holds 5,883K shares representing 2.88% possession of the corporate. In it is prior submitting, the agency reported proudly owning 6,279K shares, representing a lower of 6.75%. The agency elevated its portfolio allocation in FERG by 1.37% over the past quarter.
Trian Fund Management holds 5,864K shares representing 2.87% possession of the corporate. In it is prior submitting, the agency reported proudly owning 11,218K shares, representing a lower of 91.31%. The agency decreased its portfolio allocation in FERG by 28.46% over the past quarter.
Ferguson Plc. Background Information
(This description is supplied by the corporate.)
Ferguson plc (previously Wolseley plc) is a British-American multinational plumbing and heating merchandise distributor with its head workplace in Wokingham, England. Its manufacturers embody Ferguson Enterprises (within the United States).
Key filings for this firm:
This story initially appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.
