Helen Gordon Acquires 116 Shares of Grainger PLC (GRI) Stock
Grainger PLC (LON:GRI) insider Helen Gordon acquired 116 shares of the business’s stock in a transaction on Thursday, August 3rd. The shares were bought at an average cost of GBX 261 ($3.40) per share, with a total value of £302.76 ($394.27).
Grainger PLC (LON GRI) traded up 1.03% on Monday, hitting GBX 265.60. The stock had a trading volume of 347,509 shares. The company has a 50-day moving average of GBX 262.93 and a 200 day moving average of GBX 254.61. Grainger PLC has a 12 month low of GBX 213.60 and a 12 month high of GBX 271.10. The company’s market cap is GBX 1.10 billion.
GRI has been the subject of a number of research analyst reports. Jefferies Group LLC increased their price objective on shares of Grainger PLC from GBX 220 ($2.86) to GBX 266 ($3.46) and gave the company a “hold” rating in a report on Wednesday, April 26th. Peel Hunt reaffirmed a “buy” rating and set a GBX 300 ($3.91) price objective on shares of Grainger PLC in a report on Wednesday, May 17th. Numis Securities Ltd reaffirmed a “buy” rating and set a GBX 300 ($3.91) price objective on shares of Grainger PLC in a report on Friday, May 19th. J P Morgan Chase & Co reaffirmed a “neutral” rating and set a GBX 260 ($3.39) price objective on shares of Grainger PLC in a report on Monday, May 22nd. Finally, Barclays PLC assumed coverage on Grainger PLC in a research report on Thursday, May 25th. They set an “overweight” rating and a GBX 310 ($4.04) target price for the company. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of GBX 294.17 ($3.83).
About Grainger PLC
Grainger plc is a United Kingdom-based company, which operates as a residential landlord. The Company’s segments include Residential, Development, Funds and Other. Its assets include Regulated Tenancy Portfolio, Private Rented Sector Portfolio and Development. It has a portfolio of approximately 8,610 rental homes.
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