Peel Hunt Reiterates Hold Rating for GRAFTON GROUP PLC UT (1 ORD, 1 C (GFTU)
GRAFTON GROUP PLC UT (1 ORD, 1 C (LON:GFTU)‘s stock had its “hold” rating reissued by analysts at Peel Hunt in a research report issued to clients and investors on Wednesday. They currently have a GBX 620 ($10.26) price target on the stock. Peel Hunt’s price target points to a potential downside of 2.21% from the stock’s previous close.
Shares of GRAFTON GROUP PLC UT (LON:GFTU) traded up 0.79% during mid-day trading on Wednesday, hitting GBX 639.00. 181,602 shares of the company’s stock traded hands. GRAFTON GROUP PLC UT has a one year low of GBX 527.00 and a one year high of GBX 714.90. The stock has a 50-day moving average of GBX 586.7 and a 200-day moving average of GBX 606.4. The company’s market cap is £1.485 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Numis Securities Ltd downgraded shares of GRAFTON GROUP PLC UT (1 ORD, 1 C to an “add” rating in a research note on Wednesday. They now have a GBX 750 ($12.41) price target on the stock. Separately, analysts at Investec reiterated a “buy” rating on shares of GRAFTON GROUP PLC UT (1 ORD, 1 C in a research note on Thursday, August 14th. They now have a GBX 710 ($11.75) price target on the stock. Finally, analysts at Investec reiterated a “buy” rating on shares of GRAFTON GROUP PLC UT (1 ORD, 1 C in a research note on Thursday, July 10th. They now have a GBX 710 ($11.75) price target on the stock. Two analysts have rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of GBX 633.13 ($10.48).
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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