Ferguson Enterprises Surges to 214th in Trading Volume with $356 Million Turnover

On June 18, 2025, Ferguson Enterprises (FERG) saw a significant increase in trading volume, with a turnover of $356 million, marking a 100.09% rise from the previous day. This surge placed Ferguson at the 214th position in terms of trading volume for the day. The stock price of Ferguson Enterprises rose by 1.23%.

Truist Securities has raised its price target for Ferguson to $240, maintaining a Buy rating. This decision follows positive third-quarter sales and EBIT margins, indicating strong financial performance and investor confidence in the company's future prospects.

Truist Financial Corporation reaffirmed its Buy rating for Ferguson on June 4, 2025, setting a price target of $230. This reiteration underscores the consistent positive outlook from analysts, who continue to see significant potential in the stock.

Goldman Sachs has initiated coverage on Ferguson Enterprises with a Buy rating and a price target of $280. This move by Goldman Sachs further solidifies the bullish sentiment surrounding the stock, as multiple analysts continue to endorse its investment potential.