Wells Fargo analyst Sam Reid has maintained their bullish stance on FERG stock, giving a Buy rating today.
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Sam Reid has given his Buy rating due to a combination of factors tied to Ferguson’s solid near-term execution and compelling long-term setup. The latest quarter came in largely as expected, with steady U.S. revenue growth across key segments, resilient margins, and no major negative surprises, reinforcing confidence in the underlying business model.
At the same time, management’s new long‑term targets point to attractive multi‑year growth, driven by structural advantages in winning large projects, share gains above market, and continued M&A. Although the fiscal 2026 margin outlook is flat and somewhat underwhelming, the market is rewarding Ferguson for credible plans to reach materially higher revenue and double‑digit EBIT margins over time, which Reid views as supportive of further upside in the shares.
According to TipRanks, Reid is a 4-star analyst with an average return of 8.4% and a 59.63% success rate. Reid covers the Consumer Cyclical sector, focusing on stocks such as Toll Brothers, DR Horton, and Mohawk.
In another report released today, Barclays also maintained a Buy rating on the stock with a $295.00 price target.