UBS raised the firm’s price target on Ferguson (FERG) to $225 from $204 and keeps a Neutral rating on the shares. The firm said its revised forecasts post-Q4 results are driven primarily by more conservative 2H25 margin expectations, adding that its new price target is now based on roughly 18x its 2027 EPS view. UBS added that it believes a higher valuation multiple is warranted as we approach a trough in end market activity and becomes more confident in a potential industry recovery in 2026.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FERG:
- Trump announces $15B libel suit against New York Times: Morning Buzz
- Trump announces $15 libel suit against New York Times: Morning Buzz
- Unusually active option classes on open September 16th
- Ferguson PLC’s Strong Performance and Strategic Positioning Justify Buy Rating
- Options Volatility and Implied Earnings Moves Today, September 16, 2025