Grainger PLC Stock Rating Reaffirmed by Jefferies Group (GRI)
Grainger PLC (LON:GRI)‘s stock had its “buy” rating restated by stock analysts at Jefferies Group in a report issued on Friday, StockRatingsNetwork reports. They currently have a GBX 239 ($3.92) target price on the stock. Jefferies Group’s target price would suggest a potential upside of 2.05% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Grainger PLC in a research note on Wednesday, February 5th. Finally, analysts at Kempen & Co reiterated an “underweight” rating on shares of Grainger PLC in a research note on Wednesday, January 8th. They now have a GBX 195 ($3.20) price target on the stock. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company. Grainger PLC currently has an average rating of “Hold” and an average price target of GBX 217.67 ($3.57).
Shares of Grainger PLC (LON:GRI) traded up 0.56% on Friday, hitting GBX 234.20. The stock had a trading volume of 194,648 shares. Grainger PLC has a 52-week low of GBX 129.53 and a 52-week high of GBX 234.40. The stock’s 50-day moving average is GBX 215.1 and its 200-day moving average is GBX 194.1. The company’s market cap is £960.0 million.
Grainger plc is a holding company operating in five segments: UK residential, Retirement solutions, Fund and third party management, UK and European development; and German residential.
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