Ferguson plc (FERG) Misses Q1 EPS by 43c

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Go back to Ferguson plc (FERG) Misses Q1 EPS by 43c

Ferguson Plc. (FERG) PT Lowered to $230 at Jefferies

December 11, 2024 7:50 AM EST

Jefferies analyst Philip Ng lowered the price target on Ferguson Plc. (NYSE: FERG) to $230.00 (from $235.00) while maintaining a Buy rating.

The analyst comments "With FERG investing for growth & still seeing deflation in commodity products, a lack of opex leverage is weighing on EBIT... More