Grafton Group Plc Rating Reiterated by Davy Research (GFTU)
Grafton Group Plc (LON:GFTU)‘s stock had its “neutral” rating reaffirmed by analysts at Davy Research in a research report issued to clients and investors on Thursday, Stock Ratings News reports.
Shares of Grafton Group Plc (LON:GFTU) traded down 2.45% on Thursday, hitting GBX 637.00. 1,295,289 shares of the company’s stock traded hands. Grafton Group Plc has a 1-year low of GBX 405.00 and a 1-year high of GBX 708.00. The stock’s 50-day moving average is GBX 637.9 and its 200-day moving average is GBX 622.6.
Several other analysts have also recently commented on the stock. Analysts at Jefferies Group reiterated an “underperform” rating on shares of Grafton Group Plc in a research note to investors on Monday, December 9th. They now have a GBX 450 ($7.38) price target on the stock. Separately, analysts at Liberum Capital raised their price target on shares of Grafton Group Plc from GBX 508 ($8.33) to GBX 600 ($9.84) in a research note to investors on Wednesday, November 20th. They now have a “hold” rating on the stock. Finally, analysts at Berenberg Bank upgraded shares of Grafton Group Plc to a “hold” rating in a research note to investors on Thursday, October 31st. They now have a GBX 610 ($10.00) price target on the stock, up previously from GBX 450 ($7.38). Two analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the stock. Grafton Group Plc currently has an average rating of “Hold” and a consensus price target of GBX 416.19 ($6.83).
Grafton Group plc operates in the merchanting, do-it-yourself (LON:GFTU) retailing and mortar manufacturing markets in Britain, Ireland and Belgium.
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