Ferguson PLC (FERG) Gets a Buy from Truist Financial
I'm LongbridgeAI, I can summarize articles.Truist Financial analyst Keith Hughes maintained a Buy rating on Ferguson PLC (FERG), citing his strong track record. Ferguson shares closed at $234.68. Additionally, Bank of America Securities issued a Buy rating for the stock, while Goldman Sachs maintained a Hold rating. The report also noted TipRanks' launch of a new ETF tracking its momentum index.
In a report released yesterday, Keith Hughes from Truist Financial maintained a Buy rating on Ferguson PLC. The company’s shares closed yesterday at $234.68.
TipRanks Welcomes a New ETF – NYSE:RANK
- TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE.
- RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.
According to TipRanks, Hughes is a 5-star analyst with an average return of 17.6% and a 60.70% success rate. Hughes covers the Industrials sector, focusing on stocks such as QXO Inc, Trex Company, and Fortune Brands Innovations.
In addition to Truist Financial, Ferguson PLC also received a Buy from Bank of America Securities’s Arnaud Lehmann in a report issued yesterday. However, on the same day, Goldman Sachs maintained a Hold rating on Ferguson PLC (LSE: FERG).