Grainger PLC (GRI) Stock Rating Reaffirmed by Numis Securities Ltd

Grainger PLC (LON:GRI)‘s stock had its “buy” rating reaffirmed by equities researchers at Numis Securities Ltd in a research note issued on Thursday. They currently have a GBX 300 ($3.72) target price on the stock. Numis Securities Ltd’s price objective points to a potential upside of 33.16% from the company’s previous close.

Several other equities research analysts also recently issued reports on the company. Peel Hunt reaffirmed a “hold” rating and set a GBX 250 ($3.10) price target on shares of Grainger PLC in a report on Monday. N+1 Singer reissued a “buy” rating and set a GBX 320 ($3.97) target price on shares of Grainger PLC in a report on Monday. Jefferies Group reissued a “hold” rating and set a GBX 199 ($2.47) target price on shares of Grainger PLC in a report on Thursday, October 27th. Finally, JPMorgan Chase & Co. downgraded Grainger PLC to a “neutral” rating and dropped their target price for the stock from GBX 285 ($3.54) to GBX 270 ($3.35) in a report on Tuesday, September 6th. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 265.43 ($3.29).

Analyst Recommendations for Grainger PLC (LON:GRI)

Shares of Grainger PLC (LON:GRI) opened at 218.20 on Thursday. Grainger PLC has a one year low of GBX 193.00 and a one year high of GBX 249.00. The company’s market cap is GBX 903.13 million. The firm’s 50-day moving average is GBX 219.99 and its 200-day moving average is GBX 224.19.

COPYRIGHT VIOLATION WARNING: This news story was originally reported by Mideast Time and is owned by of Mideast Time. If you are viewing this news story on another website, it was illegally copied and republished in violation of international trademark and copyright laws. The legal version of this news story can be viewed at

In related news, insider Nick Jopling purchased 192 shares of the company’s stock in a transaction that occurred on Monday, October 3rd. The stock was acquired at an average price of GBX 233 ($2.89) per share, with a total value of £447.36 ($554.97).

Grainger PLC Company Profile

Receive News & Ratings for Grainger PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grainger PLC and related companies with's FREE daily email newsletter.

Leave a Reply

© 2006-2016 Mideast Time.