Grainger PLC (LON:GRI)‘s stock had its “hold” rating reissued by equities researchers at Peel Hunt in a research note issued on Monday. They presently have a GBX 250 ($3.10) target price on the stock. Peel Hunt’s target price would indicate a potential upside of 11.21% from the stock’s current price.

Other equities analysts have also issued research reports about the stock. N+1 Singer restated a “buy” rating and set a GBX 320 ($3.97) price target on shares of Grainger PLC in a research report on Tuesday, October 11th. Numis Securities Ltd restated a “buy” rating and set a GBX 300 ($3.72) price target on shares of Grainger PLC in a research report on Tuesday, October 11th. Jefferies Group reduced their price target on shares of Grainger PLC from GBX 215 ($2.67) to GBX 199 ($2.47) and set a “hold” rating for the company in a research report on Friday, August 19th. Finally, JPMorgan Chase & Co. lowered shares of Grainger PLC to a “neutral” rating and reduced their price target for the company from GBX 285 ($3.54) to GBX 270 ($3.35) in a research report on Tuesday, September 6th. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of GBX 265.43 ($3.29).

Analyst Recommendations for Grainger PLC (LON:GRI)

Grainger PLC (LON:GRI) opened at 223.80 on Monday. The stock has a 50 day moving average of GBX 219.99 and a 200-day moving average of GBX 224.19. Grainger PLC has a 12 month low of GBX 193.00 and a 12 month high of GBX 249.00. The company’s market cap is GBX 926.31 million.

ILLEGAL ACTIVITY NOTICE: This report was originally posted by Daily Political and is the propert of of Daily Political. If you are viewing this report on another website, it was stolen and republished in violation of United States & international copyright & trademark legislation. The original version of this report can be read at http://www.dailypolitical.com/2016/11/30/grainger-plc-gri-rating-reiterated-by-peel-hunt.html.

In other news, insider Jopling ,Nick purchased 192 shares of the stock in a transaction dated Tuesday, September 6th. The shares were purchased at an average cost of GBX 237 ($2.94) per share, with a total value of £455.04 ($564.50).

Grainger PLC Company Profile

Receive News & Ratings for Grainger PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grainger PLC and related companies with MarketBeat.com's FREE daily email newsletter.