Insider Buying: Grainger Plc (GRI) Insider Buys 8,972 Shares of Stock
Grainger Plc (LON:GRI) insider Helen Gordon purchased 8,972 shares of Grainger stock in a transaction dated Wednesday, December 6th. The shares were purchased at an average cost of GBX 283 ($3.81) per share, for a total transaction of £25,390.76 ($34,173.30).
Helen Gordon also recently made the following trade(s):
- On Friday, November 3rd, Helen Gordon acquired 104 shares of Grainger stock. The stock was bought at an average cost of GBX 285 ($3.84) per share, for a total transaction of £296.40 ($398.92).
Grainger Plc (LON GRI) traded up GBX 2.20 ($0.03) on Wednesday, reaching GBX 282.30 ($3.80). 921,270 shares of the company traded hands, compared to its average volume of 900,937. Grainger Plc has a 1-year low of GBX 218.90 ($2.95) and a 1-year high of GBX 385.25 ($5.19).
Several equities research analysts recently commented on the stock. J P Morgan Chase & Co boosted their price objective on shares of Grainger from GBX 310 ($4.17) to GBX 320 ($4.31) and gave the company a “neutral” rating in a research report on Wednesday. Peel Hunt reaffirmed a “buy” rating and issued a GBX 300 ($4.04) price objective on shares of Grainger in a research report on Wednesday. Jefferies Group reaffirmed a “hold” rating and issued a GBX 297 ($4.00) price objective on shares of Grainger in a research report on Friday, December 1st. Numis Securities cut shares of Grainger to an “add” rating and boosted their price objective for the company from GBX 300 ($4.04) to GBX 323 ($4.35) in a research report on Wednesday, November 29th. Finally, N+1 Singer reaffirmed a “buy” rating and issued a GBX 320 ($4.31) price objective on shares of Grainger in a research report on Wednesday, September 27th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of GBX 311.67 ($4.19).
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.
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