Grainger PLC (GRI) Receives GBX 265.43 Consensus Price Target from Brokerages
Shares of Grainger PLC (LON:GRI) have been assigned a consensus recommendation of “Hold” from the seven analysts that are covering the firm. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is GBX 265.43 ($3.29).
GRI has been the subject of several recent analyst reports. N+1 Singer reissued a “buy” rating and issued a GBX 320 ($3.96) price objective on shares of Grainger PLC in a report on Friday, September 30th. Numis Securities Ltd reissued a “buy” rating and issued a GBX 300 ($3.71) price objective on shares of Grainger PLC in a report on Tuesday, October 11th. Peel Hunt reissued a “hold” rating and issued a GBX 250 ($3.09) price objective on shares of Grainger PLC in a report on Tuesday, October 11th. Jefferies Group cut their price objective on Grainger PLC from GBX 215 ($2.66) to GBX 199 ($2.46) and set a “hold” rating for the company in a report on Friday, August 19th. Finally, JPMorgan Chase & Co. cut Grainger PLC to a “neutral” rating and dropped their price target for the company from GBX 285 ($3.53) to GBX 270 ($3.34) in a research note on Tuesday, September 6th.
In other news, insider Jopling ,Nick acquired 192 shares of the stock in a transaction on Tuesday, September 6th. The shares were purchased at an average price of GBX 237 ($2.93) per share, for a total transaction of £455.04 ($563.17).
Shares of Grainger PLC (LON:GRI) opened at 219.90 on Thursday. Grainger PLC has a 52 week low of GBX 193.00 and a 52 week high of GBX 253.00. The stock has a 50 day moving average of GBX 228.52 and a 200 day moving average of GBX 224.98. The firm’s market cap is GBX 910.16 million.
Grainger PLC Company Profile
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