GRAFTON GROUP PLC UT (1 ORD, 1 C Upgraded by Numis Securities Ltd to “Buy” (GFTU)
GRAFTON GROUP PLC UT (1 ORD, 1 C (LON:GFTU) was upgraded by equities researchers at Numis Securities Ltd to a “buy” rating in a research report issued on Monday. The firm currently has a GBX 750 ($12.62) target price on the stock. Numis Securities Ltd’s price objective would indicate a potential upside of 38.38% from the company’s current price.
GRAFTON GROUP PLC UT (LON:GFTU) opened at 549.00 on Monday. GRAFTON GROUP PLC UT has a 52-week low of GBX 515.00 and a 52-week high of GBX 708.00. The stock’s 50-day moving average is GBX 618.0 and its 200-day moving average is GBX 631.7. The company’s market cap is £1.276 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Liberum Capital reiterated a “hold” rating on shares of GRAFTON GROUP PLC UT (1 ORD, 1 C in a research note on Friday. Separately, analysts at Investec upgraded shares of GRAFTON GROUP PLC UT (1 ORD, 1 C to a “buy” rating in a research note on Friday, May 9th. They now have a GBX 710 ($11.94) price target on the stock, up previously from GBX 690 ($11.61). Finally, analysts at Goldman Sachs reiterated a “sell” rating on shares of GRAFTON GROUP PLC UT (1 ORD, 1 C in a research note on Monday, April 14th. They now have a GBX 600 ($10.09) price target on the stock. Four investment analysts have rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of GBX 561.22 ($9.44).
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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