Grafton Group Plc’s Hold Rating Reaffirmed at Liberum Capital (GFTU)
Grafton Group Plc (LON:GFTU)‘s stock had its “hold” rating reiterated by stock analysts at Liberum Capital in a report issued on Friday, StockRatingsNetwork.com reports. They currently have a GBX 600 ($9.84) price target on the stock. Liberum Capital’s price objective suggests a potential downside of 4.46% from the stock’s previous close.
Shares of Grafton Group Plc (LON:GFTU) traded down 1.41% on Friday, hitting GBX 628.00. 352,371 shares of the company’s stock traded hands. Grafton Group Plc has a one year low of GBX 416.50 and a one year high of GBX 708.00. The stock’s 50-day moving average is GBX 638.2 and its 200-day moving average is GBX 625..
A number of other firms have also recently commented on GFTU. Analysts at Davy Research reiterated a “neutral” rating on shares of Grafton Group Plc in a research note to investors on Thursday. Separately, 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. 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 equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average 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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