JP Morgan maintains Overweight rating on Ferguson Enterprises, raises PT to $225.

JP Morgan maintains Overweight rating on Ferguson Enterprises, raises PT to $225.

September 02, 2025 - JPMorgan Chase & Co. has maintained its Overweight rating on Ferguson Enterprises Inc. (NYSE: FERG) while raising its price target for the stock. The investment bank has increased its target price from $200.00 to $225.00, as reported on Friday, June 6th [2].

Ferguson Enterprises, a leading distributor of plumbing and heating products, reported its sales for the fiscal third quarter of 2025, which totaled $7.6 billion, marking a 4.3% increase over the prior year. The company's stock has experienced significant growth, with a one-month return of 4.89% and a 52-week return of 14.27% [1].

In addition to JPMorgan's rating, Ferguson plc has received a consensus rating of "Moderate Buy" from sixteen ratings firms, with ten analysts issuing a buy rating and six recommending a hold. The average 12-month price target among these brokers is $220.6429 [2].

Several institutional investors have recently increased their stakes in Ferguson. True Wealth Design LLC, Hemington Wealth Management, Fifth Third Bancorp, Maseco LLP, and LGT Financial Advisors LLC have all added to their holdings in the stock during the second quarter of 2025 [2].

Despite the positive outlook, the company's stock has faced some volatility, trading down 0.7% on Thursday, August 28th, 2025, to $229.58 per share. The stock's 50-day moving average is $225.19, and its 200-day moving average is $193.67. The company's market capitalization stands at $45.27 billion, with a price-to-earnings ratio of 27.56 and a price-to-earnings-growth ratio of 1.69 [2].

JPMorgan's decision to maintain its Overweight rating and raise the price target reflects the bank's confidence in Ferguson's growth prospects and the potential for further appreciation in the stock's price. Investors should continue to monitor the company's earnings reports and other financial data for updates on its performance.

References:
[1] https://finance.yahoo.com/news/ferguson-enterprises-ferg-surged-due-120959319.html
[2] https://www.marketbeat.com/instant-alerts/ferguson-plc-nasdaqferg-given-average-rating-of-moderate-buy-by-brokerages-2025-08-28/