Ferguson PLC stock hits 52-week high at 235.3 USD

Ferguson PLC (NYSE:FERG) stock reached a notable milestone, hitting a 52-week high of 235.3 USD, with the company now commanding a substantial market capitalization of $46.17 billion. According to InvestingPro analysis, the stock appears slightly overvalued at current levels. This achievement underscores the company’s positive performance, with an impressive year-to-date return of 33.16% and analyst price targets ranging from $180 to $280. InvestingPro subscribers can access 10 additional key insights about Ferguson’s performance and prospects. The 52-week high indicates a period of sustained growth and investor confidence in Ferguson PLC, trading at a P/E ratio of 29.17. This upward trend reflects the company’s strategic initiatives and market conditions that have favored its operations, contributing to its robust stock performance. As Ferguson PLC continues to navigate the market dynamics, reaching this 52-week high marks a significant point of interest for investors and analysts alike. Detailed analysis of Ferguson’s financial health and growth prospects is available in the comprehensive Pro Research Report on InvestingPro.

In other recent news, Ferguson Plc has reported notable developments affecting investors. The company announced a currency exchange rate for depositary interest holders receiving a dividend in British pounds, set at 1.3404 GBP/USD for a $0.83 per share dividend. On the earnings front, Ferguson achieved 5% organic growth in the third quarter of fiscal 2025, with pricing trends stabilizing after a period of deflation. Analyst firms have responded with varied perspectives on the stock. Goldman Sachs initiated coverage with a buy rating and a $280 price target, citing improved pricing trends and execution. Morgan Stanley (NYSE:MS) increased its price target to $220 and maintained an Overweight rating, expecting stronger organic growth and improved margins. Conversely, Berenberg downgraded the stock to Hold from Buy due to a significant share price increase, although they raised their price target to $215. UBS also adjusted its price target to $204 from $173, reflecting revised earnings per share estimates for the coming years. These developments highlight Ferguson’s evolving market position and analyst expectations.

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