Shares of Grainger PLC (LON:GRI) have earned an average rating of “Hold” from the seven research firms that are presently covering the stock. Four analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1-year target price among brokerages that have covered the stock in the last year is GBX 265.43 ($3.29).

GRI has been the subject of a number of analyst reports. Peel Hunt reiterated a “hold” rating and issued a GBX 250 ($3.09) target price on shares of Grainger PLC in a research note on Tuesday, October 11th. JPMorgan Chase & Co. upgraded shares of Grainger PLC to an “overweight” rating and lifted their target price for the company from GBX 260 ($3.22) to GBX 285 ($3.53) in a research note on Wednesday, June 22nd. Numis Securities Ltd reiterated a “buy” rating and issued a GBX 300 ($3.71) target price on shares of Grainger PLC in a research note on Tuesday, October 11th. N+1 Singer reiterated a “buy” rating and issued a GBX 320 ($3.96) target price on shares of Grainger PLC in a research note on Tuesday, October 11th. Finally, Jefferies Group reduced their target price on shares of Grainger PLC from GBX 215 ($2.66) to GBX 199 ($2.46) and set a “hold” rating for the company in a research note on Friday, August 19th.

In related news, insider Jopling ,Nick bought 204 shares of the company’s stock in a transaction that occurred on Wednesday, August 3rd. The shares were acquired at an average price of GBX 219 ($2.71) per share, with a total value of £446.76 ($552.92). Also, insider Nick Jopling bought 192 shares of the company’s stock in a transaction that occurred on Monday, October 3rd. The shares were bought at an average cost of GBX 233 ($2.88) per share, for a total transaction of £447.36 ($553.66).

Grainger PLC (LON:GRI) opened at 219.90 on Thursday. The firm’s 50-day moving average is GBX 228.52 and its 200-day moving average is GBX 224.98. The company’s market capitalization is GBX 910.16 million. Grainger PLC has a 1-year low of GBX 193.00 and a 1-year high of GBX 253.00.

Grainger PLC Company Profile

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