Grainger PLC Stock Rating Reaffirmed by Jefferies Group (GRI)
Grainger PLC (LON:GRI)‘s stock had its “buy” rating reiterated by equities research analysts at Jefferies Group in a research note issued to investors on Monday, AnalystRatingsNetwork reports. They currently have a GBX 271 ($4.56) target price on the stock. Jefferies Group’s price objective points to a potential upside of 20.98% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Numis Securities Ltd reiterated an “add” rating on shares of Grainger PLC in a research note on Monday, March 10th. They now have a GBX 278 ($4.68) price target on the stock. One equities research analyst has rated the stock with a sell rating and four have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of GBX 244.75 ($4.12).
Shares of Grainger PLC (LON:GRI) opened at 224.00 on Monday. Grainger PLC has a one year low of GBX 138.00 and a one year high of GBX 250.00. The stock has a 50-day moving average of GBX 227.0 and a 200-day moving average of GBX 218.6. The company’s market cap is £918.2 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.
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.