Grainger (GRI) Earns “Add” Rating from Peel Hunt
Grainger (LON:GRI)‘s stock had its “add” rating reaffirmed by Peel Hunt in a report released on Friday.
Separately, Numis Securities raised shares of Grainger to a “buy” rating and increased their target price for the company from GBX 350 ($4.56) to GBX 369 ($4.81) in a research report on Thursday, September 13th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of GBX 334.50 ($4.36).
Shares of GRI opened at GBX 302.30 ($3.94) on Friday. Grainger has a fifty-two week low of GBX 243.05 ($3.17) and a fifty-two week high of GBX 385.25 ($5.02).
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 fund management, asset management, and property management services. The company was founded in 1912 and is headquartered in Newcastle upon Tyne, the United Kingdom.
See Also: Return on Equity (ROE)
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