Insider Buying: Grainger PLC (GRI) Insider Buys 112 Shares of Stock
Grainger PLC (LON:GRI) insider Vanessa Simms acquired 112 shares of the stock in a transaction on Tuesday, October 3rd. The stock was bought at an average cost of GBX 267 ($3.54) per share, with a total value of £299.04 ($396.66).
Shares of Grainger PLC (GRI) traded up 0.41% during midday trading on Friday, hitting GBX 270.00. 145,011 shares of the stock traded hands. Grainger PLC has a 52-week low of GBX 214.30 and a 52-week high of GBX 271.70. The stock has a 50-day moving average of GBX 257.72 and a 200-day moving average of GBX 258.12. The company’s market cap is GBX 1.12 billion.
Several equities research analysts have recently weighed in on GRI shares. Peel Hunt reaffirmed a “buy” rating and issued a GBX 300 ($3.98) price target on shares of Grainger PLC in a research report on Monday, July 24th. Numis Securities Ltd reaffirmed a “buy” rating and issued a GBX 300 ($3.98) price target on shares of Grainger PLC in a research report on Wednesday, September 27th. Finally, N+1 Singer reaffirmed a “buy” rating and issued a GBX 320 ($4.24) price target on shares of Grainger PLC in a research report on Wednesday, September 27th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of GBX 294.17 ($3.90).
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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