Grainger Plc (LON:GRI) insider Justin Read bought 6,500 shares of the business’s stock in a transaction that occurred on Monday, December 4th. The stock was acquired at an average cost of GBX 279 ($3.76) per share, for a total transaction of £18,135 ($24,407.81).

Shares of Grainger Plc (LON GRI) opened at GBX 278.80 ($3.75) on Tuesday. Grainger Plc has a 1-year low of GBX 214.90 ($2.89) and a 1-year high of GBX 385.25 ($5.19).

The business also recently disclosed a dividend, which will be paid on Friday, February 9th. Shareholders of record on Thursday, December 28th will be issued a GBX 3.26 ($0.04) dividend. The ex-dividend date of this dividend is Thursday, December 28th. This is a positive change from Grainger’s previous dividend of $1.60. This represents a yield of 1.18%.

GRI has been the topic of several recent analyst reports. Peel Hunt reissued a “buy” rating and issued a GBX 300 ($4.04) target price on shares of Grainger in a research note on Tuesday, August 29th. Numis Securities reissued a “buy” rating and issued a GBX 300 ($4.04) target price on shares of Grainger in a research note on Wednesday, September 27th. N+1 Singer reissued a “buy” rating and issued a GBX 320 ($4.31) target price on shares of Grainger in a research note on Wednesday, September 27th. Finally, Jefferies Group reissued a “hold” rating and issued a GBX 297 ($4.00) target price on shares of Grainger in a research note on Friday. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of GBX 301.67 ($4.06).

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Grainger Company Profile

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.

Insider Buying and Selling by Quarter for Grainger (LON:GRI)

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