Grifols SA (NASDAQ:GRFS) Given Average Recommendation of “Hold” by Analysts
Shares of Grifols SA (NASDAQ:GRFS) have been given an average recommendation of “Hold” by the five research firms that are covering the firm. One investment analyst has rated the stock with a sell recommendation, two have given a hold recommendation and two have issued a buy recommendation on the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $22.50.
Separately, Zacks Investment Research cut Grifols SA from a “hold” rating to a “sell” rating in a research report on Tuesday, July 5th.
Several hedge funds and other institutional investors have recently bought and sold shares of GRFS. Independent Portfolio Consultants Inc. boosted its position in Grifols SA by 18.4% in the third quarter. Independent Portfolio Consultants Inc. now owns 11,140 shares of the company’s stock worth $178,000 after buying an additional 1,730 shares during the last quarter. Hansberger Growth Investors LP boosted its position in Grifols SA by 2.6% in the second quarter. Hansberger Growth Investors LP now owns 90,273 shares of the company’s stock worth $1,505,000 after buying an additional 2,253 shares during the last quarter. Fiera Capital Corp bought a new position in Grifols SA during the second quarter worth $890,000. FDx Advisors Inc. boosted its position in Grifols SA by 4.9% in the second quarter. FDx Advisors Inc. now owns 58,284 shares of the company’s stock worth $972,000 after buying an additional 2,743 shares during the last quarter. Finally, Capital Guardian Trust Co. boosted its position in Grifols SA by 2.2% in the second quarter. Capital Guardian Trust Co. now owns 421,336 shares of the company’s stock worth $7,024,000 after buying an additional 9,103 shares during the last quarter. 20.18% of the stock is currently owned by hedge funds and other institutional investors.
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Shares of Grifols SA (NASDAQ:GRFS) traded up 1.15% during mid-day trading on Monday, reaching $15.90. The company’s stock had a trading volume of 172,558 shares. The stock has a market capitalization of $21.73 billion, a P/E ratio of 36.05 and a beta of 0.92. Grifols SA has a 12-month low of $14.07 and a 12-month high of $18.04. The company’s 50-day moving average price is $16.09 and its 200-day moving average price is $16.04.
Grifols SA Company Profile
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