Grafton Group (LON:GFTU) Receives Buy Rating from Berenberg Bank

Berenberg Bank restated their buy rating on shares of Grafton Group (LON:GFTU) in a research report released on Monday, MarketBeat reports. The brokerage currently has a GBX 1,100 ($14.27) target price on the stock.

Grafton Group Trading Up 0.6 %

Shares of GFTU stock opened at GBX 865.60 ($11.23) on Monday. The business’s fifty day moving average price is GBX 892.72 and its 200 day moving average price is GBX 966.91. Grafton Group has a 1-year low of GBX 791.50 ($10.26) and a 1-year high of GBX 1,097 ($14.23). The firm has a market capitalization of £1.70 billion, a PE ratio of 13.27, a P/E/G ratio of 1.58 and a beta of 1.60. The company has a debt-to-equity ratio of 37.66, a current ratio of 2.21 and a quick ratio of 1.56.

Grafton Group Company Profile

Grafton Group plc engages in the distribution, retailing, and manufacturing businesses in Ireland, the Netherlands, Finland, and the United Kingdom. Its Distribution segment distributes building materials, paint, tools, ironmongery, fixings, and accessories, workwear and PPE, and spare parts; materials and plant for mechanical services, heating, plumbing, and air movement; and trade, DIY, and self-build markets with building materials, timber, doors and floors, plumbing and heating, bathrooms, and landscaping products under the Selco, Leyland SDM, Chadwicks, MacBlair, Isero, Polvo, Gunters en Meuser, TG Lynes, and IKH brands.