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Home / Momentum / Ferguson (FERG.L) 14-11-19

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Ferguson (FERG.L) 14-11-19

Will shares in Ferguson (FERG.L) continue to rally, setting new recent highs?

 

  • Now trading at 6800p (at time of writing), the price performance has been very strong.
  • Will it come to an end, or is this trend your friend?
  • Whilst momentum has been strong, traders should remember that past performance is not necessarily an indication of the future.
  • Shares -0% from 12-month highs; +43% from 12 month lows.

Latest News

12 Nov:  Ferguson, the distributor of plumbing and heating products, announced the acquisition of US heating, air conditioning and ventilation company S. W. Anderson Sales (sum undisclosed).

11 Nov:  Jefferies International reiterates its buy rating on Ferguson Plc (FERG) and increased the target price to 7532p (from 7281p).

06 Nov:  Kevin Murphy, Executive Director, has transferred in 18,450 shares in the firm on the 1st November 2019. This Director currently has 24,886 shares.

06 Nov:  Kevin Murphy, Executive Director, sold 8,351 shares in the firm on the 5th November 2019 at a price of 6583.19p. This Director currently has 16,535 shares.

06 Nov:  Mike Powell, Executive Director, has transferred in 18,029 shares in the firm on the 1st November 2019. This Director currently has 28,447 shares.

06 Nov:  Mike Powell, Executive Director, sold 8,484 shares in the firm on the 5th November 2019 at a price of 6583.19p. This Director currently has 19,963 shares.

06 Nov:  John Martin, CEO, exercised 56,268 shares in the firm on the 1st November 2019. This Director currently has 107,190 shares.

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

Click to enlarge

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