Grainger plc’s “Overweight” Rating Reaffirmed at JPMorgan Chase & Co. (GRI)
Grainger plc (LON:GRI)‘s stock had its “overweight” rating restated by equities research analysts at JPMorgan Chase & Co. in a research note issued to investors on Tuesday, Analyst Ratings Network reports.
A number of other firms have also recently commented on GRI. Analysts at Jefferies Group reiterated a “buy” rating on shares of Grainger plc in a research note to investors on Wednesday, December 11th. They now have a GBX 236 ($3.87) price target on the stock. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the stock. Grainger plc has a consensus rating of “Hold” and an average price target of GBX 216.67 ($3.55).
Grainger plc (LON:GRI) traded up 1.07% on Tuesday, hitting GBX 208.70. 258,821 shares of the company’s stock traded hands. Grainger plc has a 52 week low of GBX 118.90 and a 52 week high of GBX 211.90. The stock has a 50-day moving average of GBX 202.0 and a 200-day moving average of GBX 183.3. The company’s market cap is £855.5 million.
Grainger plc is a holding company. The Company, through its subsidiaries, is engaged in property trading and development.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.