Zacks Investment Research downgraded shares of GRAFTON GROUP UT(1 (NASDAQ:GROUF) from a buy rating to a hold rating in a research note published on Thursday morning.

According to Zacks, “Grafton Group plc manufactures and retails building supplies. The Company operates the Plumbase, Buildbase, Jackson, MacNaughton Blair, Chadwicks and Woodies retail chains as well as produces dry mortar. It operates primarily in Britain, Ireland, the Netherlands and Belgium. Grafton Group plc is headquartered in Dublin, Ireland. “

GRAFTON GROUP U (NASDAQ GROUF) opened at 10.00 on Thursday. GRAFTON GROUP U has a 52-week low of $6.87 and a 52-week high of $10.65. The firm has a 50-day moving average price of $9.63 and a 200 day moving average price of $8.61. The stock has a market cap of $2.36 billion and a PE ratio of 19.49.

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