Grafton Group (LON:GFTU) Stock Rating Reaffirmed by Liberum Capital
Grafton Group (LON:GFTU)‘s stock had its “hold” rating reaffirmed by equities researchers at Liberum Capital in a report issued on Tuesday, ThisIsMoney.Co.Uk reports.
A number of other equities research analysts have also recently commented on GFTU. Berenberg Bank dropped their target price on Grafton Group from GBX 970 ($12.76) to GBX 940 ($12.37) and set a “buy” rating on the stock in a research report on Monday, November 25th. Canaccord Genuity raised their target price on Grafton Group from GBX 845 ($11.12) to GBX 850 ($11.18) and gave the company a “buy” rating in a research report on Wednesday, October 2nd. Peel Hunt cut Grafton Group to a “hold” rating and dropped their target price for the company from GBX 860 ($11.31) to GBX 800 ($10.52) in a research report on Thursday, October 17th. Finally, Peel Hunt restated a “hold” rating on shares of Grafton Group in a research report on Monday, January 13th. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company has an average rating of “Hold” and an average price target of GBX 850.83 ($11.19).
LON:GFTU opened at GBX 893.50 ($11.75) on Tuesday. Grafton Group has a 52 week low of GBX 643.50 ($8.46) and a 52 week high of GBX 948 ($12.47). The company has a quick ratio of 1.10, a current ratio of 1.61 and a debt-to-equity ratio of 68.48. The stock has a market capitalization of $2.12 billion and a PE ratio of 16.92. The stock’s 50-day moving average price is GBX 873.12 and its 200-day moving average price is GBX 793.72.
About Grafton Group
Grafton Group plc engages in the merchanting, retailing, and mortar manufacturing businesses in Belgium, Ireland, the Netherlands, and the United Kingdom. Its Merchanting 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.
Read More: Treasury Bonds
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.