GRAFTON GROUP PLC UT (1 ORD, 1 C (GFTU) Given Average Recommendation of “Hold” by Brokerages
GRAFTON GROUP PLC UT (1 ORD, 1 C (LON:GFTU) has been given an average rating of “Hold” by the eight analysts that are currently covering the stock, Marketbeat reports. Six analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is GBX 808.43 ($10.81).
Several research firms have weighed in on GFTU. Liberum Capital reissued a “hold” rating and issued a GBX 860 ($11.50) target price on shares of GRAFTON GROUP PLC UT (1 ORD, 1 C in a research note on Thursday, November 9th. Jefferies Group increased their target price on GRAFTON GROUP PLC UT (1 ORD, 1 C from GBX 770 ($10.30) to GBX 810 ($10.83) and gave the company a “hold” rating in a research note on Tuesday, September 12th. Peel Hunt increased their target price on GRAFTON GROUP PLC UT (1 ORD, 1 C from GBX 780 ($10.43) to GBX 785 ($10.50) and gave the company a “hold” rating in a research note on Wednesday, December 6th. Finally, Barclays began coverage on GRAFTON GROUP PLC UT (1 ORD, 1 C in a research note on Monday, November 27th. They issued an “overweight” rating and a GBX 814 ($10.88) target price on the stock.
Shares of GRAFTON GROUP PLC UT (LON:GFTU) traded up GBX 9.50 ($0.13) on Monday, hitting GBX 802 ($10.72). The stock had a trading volume of 35,911 shares, compared to its average volume of 259,936. GRAFTON GROUP PLC UT has a twelve month low of GBX 534 ($7.14) and a twelve month high of GBX 851 ($11.38).
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GRAFTON GROUP PLC UT (1 ORD, 1 C Company Profile
Grafton Group plc engages in the merchanting, retailing, and mortar manufacturing businesses in Belgium, Ireland, the Netherlands, and the United Kingdom. Its Merchanting segment distributes building and plumbing materials to professional trades people engaged in residential repair, maintenance, and improvement projects, as well as in residential and other new build construction.
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