Grainger PLC (GRI) Rating Reiterated by Peel Hunt
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).
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.
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
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