Grainger PLC (GRI) Receives Buy Rating from N+1 Singer
Grainger PLC (LON:GRI)‘s stock had its “buy” rating restated by research analysts at N+1 Singer in a research report issued on Tuesday. They presently have a GBX 320 ($3.96) price objective on the stock. N+1 Singer’s price target indicates a potential upside of 45.99% from the stock’s current price.
GRI has been the topic of several other research reports. Jefferies Group lowered their price target on shares of Grainger PLC from GBX 215 ($2.66) to GBX 199 ($2.46) and set a “hold” rating on the stock in a report on Friday, August 19th. JPMorgan Chase & Co. downgraded shares of Grainger PLC to a “neutral” rating and lowered their price target for the company from GBX 285 ($3.53) to GBX 270 ($3.34) in a report on Tuesday, September 6th. Peel Hunt reaffirmed a “hold” rating and set a GBX 250 ($3.09) price target on shares of Grainger PLC in a report on Tuesday. Finally, Numis Securities Ltd reaffirmed a “buy” rating and set a GBX 300 ($3.71) price target on shares of Grainger PLC in a report on Tuesday. Four analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of GBX 265.43 ($3.29).
Shares of Grainger PLC (LON:GRI) opened at 225.60 on Tuesday. The stock has a 50 day moving average of GBX 229.43 and a 200-day moving average of GBX 225.04. Grainger PLC has a 52 week low of GBX 193.00 and a 52 week high of GBX 253.00. The stock’s market cap is GBX 933.76 million.
In other Grainger PLC news, insider Jopling ,Nick purchased 192 shares of Grainger PLC stock in a transaction that occurred on Tuesday, September 6th. The shares were bought at an average price of GBX 237 ($2.93) per share, for a total transaction of £455.04 ($563.17).
Grainger PLC Company Profile
Receive News & Stock 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 stocks with our FREE daily email newsletter.