Grainger PLC (LON:GRI)‘s stock had its “buy” rating reaffirmed by stock analysts at Numis Securities Ltd in a report released on Tuesday. They currently have a GBX 300 ($3.71) target price on the stock. Numis Securities Ltd’s price objective points to a potential upside of 35.93% from the company’s current price.
GRI has been the topic of several other research reports. JPMorgan Chase & Co. upgraded Grainger PLC to an “overweight” rating and increased their price target for the company from GBX 260 ($3.22) to GBX 285 ($3.53) in a report on Wednesday, June 22nd. Peel Hunt reiterated a “hold” rating and set a GBX 250 ($3.09) price target on shares of Grainger PLC in a report on Tuesday. N+1 Singer reiterated a “buy” rating and set a GBX 320 ($3.96) price target on shares of Grainger PLC in a report on Friday, September 30th. Finally, Jefferies Group lowered their price target on Grainger PLC from GBX 215 ($2.66) to GBX 199 ($2.46) and set a “hold” rating on the stock in a report on Friday, August 19th. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of GBX 265.43 ($3.29).
Grainger PLC (LON:GRI) opened at 223.40 on Tuesday. The firm’s market capitalization is GBX 924.65 million. The stock’s 50 day moving average is GBX 229.08 and its 200-day moving average is GBX 224.99. Grainger PLC has a 52-week low of GBX 193.00 and a 52-week high of GBX 253.00.
In other Grainger PLC news, insider Nick Jopling acquired 192 shares of Grainger PLC stock in a transaction dated Monday, October 3rd. The stock was bought at an average cost of GBX 233 ($2.88) per share, with a total value of £447.36 ($553.66). Also, insider Jopling ,Nick acquired 204 shares of Grainger PLC stock in a transaction dated Wednesday, August 3rd. The stock was acquired at an average cost of GBX 219 ($2.71) per share, with a total value of £446.76 ($552.92).
Grainger PLC Company Profile
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