GRAFTON GROUP UT(1 (NASDAQ:GROUF) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report released on Wednesday.

According to Zacks, “Grafton Group plc manufactures and retails building supplies. The Company operates the Plumbase, Buildbase, Jackson, MacNaughton Blair, Chadwicks and Woodies retail chains as well as produces dry mortar. It operates primarily in Britain, Ireland, the Netherlands and Belgium. Grafton Group plc is headquartered in Dublin, Ireland. “

Shares of GRAFTON GROUP U (GROUF) traded up 0.0000% during trading on Wednesday, hitting $8.9413. GRAFTON GROUP U has a 12-month low of $6.87 and a 12-month high of $10.65. The company has a 50-day moving average of $8.94 and a 200 day moving average of $8.47. The firm has a market cap of $2.11 billion and a P/E ratio of 17.7055.

ILLEGAL ACTIVITY NOTICE: “GRAFTON GROUP UT(1 (GROUF) Lowered to Hold at Zacks Investment Research” was originally posted by American Banking News and is the sole property of of American Banking News. If you are accessing this story on another website, it was stolen and reposted in violation of United States & international copyright & trademark legislation. The correct version of this story can be read at https://www.americanbankingnews.com/2017/06/14/grafton-group-ut1-grouf-lowered-to-hold-at-zacks-investment-research.html.

Get a free copy of the Zacks research report on GRAFTON GROUP UT(1 (GROUF)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for GRAFTON GROUP UT(1 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GRAFTON GROUP UT(1 and related companies with MarketBeat.com's FREE daily email newsletter.