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Shares of W.W. Grainger (NYSE:GWW) have received a consensus rating of “Buy” from the fourteen ratings firms that are currently covering the company, Analyst Ratings News reports. One analyst has rated the stock with a sell rating, five have given a hold rating and eight have assigned a buy rating to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $275.67.

GWW has been the subject of a number of recent research reports. Analysts at Cleveland Research downgraded shares of W.W. Grainger from a “buy” rating to a “neutral” rating in a research note on Monday, July 7th. 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.

Shares of W.W. Grainger (NYSE:GWW) opened at 244.79 on Tuesday. 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 $257.5 and a 200-day moving average of $252.. The company has a market cap of $16.751 billion and a P/E ratio of 22.01.

W.W. Grainger (NYSE:GWW) last released its earnings data on Wednesday, April 16th. The company reported $3.07 earnings per share for the quarter, beating the analysts’ 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 last year, the company posted $2.94 earnings per share. W.W. Grainger’s revenue was up 4.6% compared to the same quarter last year. 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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