Grainger’s (GRI) “Buy” Rating Reaffirmed at Peel Hunt
Grainger (LON:GRI)‘s stock had its “buy” rating reaffirmed by equities research analysts at Peel Hunt in a research report issued on Tuesday, ThisIsMoney.Co.Uk reports.
A number of other equities analysts have also commented on GRI. Peel Hunt reaffirmed a “buy” rating and set a GBX 290 ($3.79) target price on shares of Grainger in a research report on Friday, September 27th. Numis Securities reaffirmed an “add” rating on shares of Grainger in a research report on Monday, September 30th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of GBX 284 ($3.71).
Grainger stock opened at GBX 267.40 ($3.49) on Tuesday. The firm has a market capitalization of $1.61 billion and a P/E ratio of 13.64. The company’s 50-day moving average is GBX 249.30 and its 200 day moving average is GBX 245.59. Grainger has a 1-year low of GBX 204 ($2.67) and a 1-year high of GBX 265.31 ($3.47). The company has a debt-to-equity ratio of 103.56, a current ratio of 10.35 and a quick ratio of 2.42.
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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