Ferguson PLC 7.4% potential upside indicated by Liberum Capital

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Ferguson PLC with ticker (LON:FERG) now has a potential upside of 7.4% according to Liberum Capital.

Liberum Capital set a target price of 12,800 GBX for the company, which when compared to the Ferguson PLC share price of 11,855 GBX at opening today (25/11/2021) indicates a potential upside of 7.4%. Trading has ranged between 8,102 (52 week low) and 12,185 (52 week high) with an average of 612,248 shares exchanging hands daily. The market capitalisation at the time of writing is £26,340,273,870.

Ferguson PLC is a distributor of plumbing and heating products to professional contractors. The Company’s segments include USA and Canada. It serves the repair, maintenance and improvement (RMI) markets, and construction market. The Company’s USA business units include Residential Showrooms, eBusiness, Heating, Ventilation and Air Conditioning (HVAC), Fire and Fabrication, Waterworks and Industrial. The Canada segment operates as a wholesale distributor of plumbing, heating, ventilation and air conditioning, refrigeration, waterworks, fire protection, pipes, valves and fittings and industrial products.

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