Peel Hunt Reaffirms Buy Rating for Grainger (LON:GRI)
Peel Hunt reissued their buy rating on shares of Grainger (LON:GRI) in a research note published on Monday morning, ThisIsMoney.Co.Uk reports.
A number of other equities analysts have also weighed in on GRI. Numis Securities reissued an add rating on shares of Grainger in a research report on Monday, September 30th. Peel Hunt reissued a buy rating and issued a GBX 290 ($3.79) price objective on shares of Grainger in a research report on Friday, September 27th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Grainger presently has an average rating of Buy and a consensus target price of GBX 284 ($3.71).
LON:GRI opened at GBX 245 ($3.20) on Monday. The firm has a 50 day simple moving average of GBX 243.74 and a 200-day simple moving average of GBX 244.49. The company has a debt-to-equity ratio of 103.56, a current ratio of 10.35 and a quick ratio of 2.42. The firm has a market cap of $1.50 billion and a PE ratio of 12.50. Grainger has a 1-year low of GBX 204 ($2.67) and a 1-year high of GBX 271.47 ($3.55).
Grainger Company Profile
Grainger plc, together with its subsidiaries, owns, develops, manages, and rents residential properties in the United Kingdom. The company operates through three segments: Residential, Development, and Funds. It also provides property and asset management services. The company was founded in 1912 and is headquartered in Newcastle upon Tyne, the United Kingdom.
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