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Shares of W.W. Grainger (NYSE:GWW) have earned an average recommendation of “Buy” from the fourteen brokerages that are presently covering the stock, Stock Ratings Network reports. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have given a buy rating to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $275.67.

Several analysts have recently commented on the stock. Analysts at Cleveland Research downgraded shares of W.W. Grainger from a “buy” rating to a “neutral” rating in a research note on Monday. Separately, analysts at Morgan Stanley initiated coverage on shares of W.W. Grainger in a research note on Tuesday, May 13th. They set an “overweight” rating and a $296.00 price target on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of W.W. Grainger in a research note on Friday, May 9th. They now have a $265.00 price target on the stock.

W.W. Grainger (NYSE:GWW) traded down 0.49% during mid-day trading on Tuesday, hitting $249.30. 76,532 shares of the company’s stock traded hands. W.W. Grainger has a 52-week low of $228.19 and a 52-week high of $276.38. The stock has a 50-day moving average of $258.0 and a 200-day moving average of $252.6. The company has a market cap of $17.060 billion and a P/E ratio of 22.27.

W.W. Grainger (NYSE:GWW) last posted its quarterly earnings results on Wednesday, April 16th. The company reported $3.07 EPS for the quarter, beating the Thomson Reuters consensus estimate of $2.96 by $0.11. The company had revenue of $2.39 billion for the quarter, compared to the consensus estimate of $2.39 billion. During the same quarter in the prior year, the company posted $2.94 earnings per share. The company’s quarterly revenue was up 4.6% on a year-over-year basis. Analysts expect that W.W. Grainger will post $12.62 EPS for the current fiscal year.

W.W. Grainger, Inc, is a distributor of maintenance, repair and operating (NYSE:GWW) supplies and other related products and services used by businesses and institutions primarily in the United States and Canada .

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