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home / news releases / FERGY - Ferguson: U.K. Disposal Makes It More Focused

FERGY - Ferguson: U.K. Disposal Makes It More Focused

Ferguson Plc. ADR
  • Ferguson has sold its UK business and will distribute the proceeds to shareholders.
  • The disposal could be positive for the company economics but on a small scale which doesn't affect valuation in my view.
  • Although I like the business, I continue to think the share price overvalues it somewhat.

For further details see:

Ferguson: U.K. Disposal Makes It More Focused
Stock Information
Company Name: Ferguson Plc. ADR
Stock Symbol: FERGY
Market: OTC
Website: fergusonplc.com
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