GRAFTON GROUP PLC UT (1 ORD, 1 C (GFTU) Price Target Raised to GBX 860
GRAFTON GROUP PLC UT (1 ORD, 1 C (LON:GFTU) had its price objective raised by Liberum Capital from GBX 770 ($10.16) to GBX 860 ($11.35) in a report published on Friday morning. Liberum Capital currently has a hold rating on the stock.
A number of other brokerages also recently issued reports on GFTU. Jefferies Group LLC raised their price target on shares of GRAFTON GROUP PLC UT (1 ORD, 1 C from GBX 770 ($10.16) to GBX 810 ($10.69) and gave the stock a hold rating in a report on Tuesday, September 12th. Canaccord Genuity restated a hold rating and set a GBX 810 ($10.69) price target on shares of GRAFTON GROUP PLC UT (1 ORD, 1 C in a report on Tuesday, July 11th. Peel Hunt restated a hold rating and set a GBX 765 ($10.10) price target on shares of GRAFTON GROUP PLC UT (1 ORD, 1 C in a report on Thursday, August 31st. Finally, Numis Securities Ltd downgraded shares of GRAFTON GROUP PLC UT (1 ORD, 1 C to an add rating and set a GBX 850 ($11.22) price target for the company. in a report on Thursday, August 31st. Six research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock currently has an average rating of Hold and a consensus target price of GBX 804.17 ($10.61).
Shares of GRAFTON GROUP PLC UT (LON GFTU) opened at GBX 822.50 ($10.85) on Friday. GRAFTON GROUP PLC UT has a 1-year low of GBX 493.43 ($6.51) and a 1-year high of GBX 851 ($11.23).
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About GRAFTON GROUP PLC UT (1 ORD, 1 C
Grafton Group plc engages in the merchanting, retailing, and mortar manufacturing businesses in Belgium, Ireland, the Netherlands, and the United Kingdom. Its Merchanting segment distributes building and plumbing materials to professional trades people engaged in residential repair, maintenance, and improvement projects, as well as in residential and other new build construction.
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