Eric Born Sells 2,200 Shares of Grafton Group (LON:GFTU) Stock

Grafton Group plc (LON:GFTU) insider Eric Born sold 2,200 shares of the stock in a transaction on Tuesday, December 2nd. The stock was sold at an average price of GBX 933, for a total value of £20,526.

Grafton Group Stock Down 0.1%

LON:GFTU opened at GBX 930.87 on Friday. The company has a market cap of £2.16 billion, a price-to-earnings ratio of 10.17, a price-to-earnings-growth ratio of 1.58 and a beta of 1.60. Grafton Group plc has a twelve month low of GBX 790.90 and a twelve month high of GBX 1,035.60. The company has a current ratio of 2.21, a quick ratio of 1.56 and a debt-to-equity ratio of 37.66. The stock has a fifty day simple moving average of GBX 929.40 and a 200-day simple moving average of GBX 933.81.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Royal Bank Of Canada lowered their price objective on shares of Grafton Group from GBX 1,220 to GBX 1,190 and set an “outperform” rating for the company in a research report on Friday, October 31st. Berenberg Bank reiterated a “buy” rating and set a GBX 1,100 target price on shares of Grafton Group in a report on Thursday, September 4th. Finally, Peel Hunt restated a “buy” rating and issued a GBX 1,130 price target on shares of Grafton Group in a report on Thursday, November 13th. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Grafton Group currently has an average rating of “Buy” and a consensus target price of GBX 1,140.

About Grafton Group

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.