RBC Capital Keeps Outperform on Ferguson plc (FERG) Feb 24, 2026 PT $271

RBC Capital maintained an Outperform rating on Ferguson plc (FERG) on February 24, 2026, and raised the price target to $271 from $247. The move was logged at 02:25 PM and coincides with a short-term stock rise of 0.54% ($1.41). The FERG analyst rating update signals continued confidence from RBC in Ferguson’s cash flow and market position. We review the rating change, the new FERG price target, what it means for investors and how this fits into broader analyst coverage.