Zacks Investment Research downgraded shares of Grafton Group (OTCMKTS:GROUF – Get Rating) from a buy rating to a hold rating in a research report report published on Tuesday morning, Zacks.com reports.
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. “
Separately, Berenberg Bank reaffirmed a buy rating and set a $1,430.00 price target on shares of Grafton Group in a research report on Friday, April 1st.
Grafton Group Company Profile (Get Rating)
Grafton Group plc engages in the distribution, retailing, and manufacturing businesses in Ireland, the Netherlands, Finland, and the United Kingdom. Its Distribution segment distributes building and plumbing materials to professional trades people engaged in residential repair, maintenance, and improvement projects, as well as in residential and other new build construction.
- Get a free copy of the StockNews.com research report on Grafton Group (GROUF)
- Should Dollar General or Dollar Tree Give Investors a Case of FOMO?
- Genesco Pops On Earnings But Don’t Expect A Rally
- The Insiders Are Selling Movado Group, But You Shouldn’t
- Beware The Rebound In Retail Stocks
- It’s A Good Time To Own Ralph Lauren (NYSE: RL)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Grafton Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grafton Group and related companies with MarketBeat.com's FREE daily email newsletter.