Peel Hunt reissued their add rating on shares of Grainger (LON:GRI) in a research note published on Tuesday morning.

Separately, Numis Securities upgraded Grainger to a buy rating and increased their target price for the company from GBX 350 ($4.57) to GBX 369 ($4.82) in a research report on Thursday, September 13th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Grainger has a consensus rating of Buy and an average target price of GBX 313.33 ($4.09).

LON GRI opened at GBX 209 ($2.73) on Tuesday. Grainger has a one year low of GBX 243.05 ($3.18) and a one year high of GBX 385.25 ($5.03).

The company also recently announced a dividend, which will be paid on Monday, February 11th. Stockholders of record on Thursday, December 13th will be given a dividend of GBX 3.52 ($0.05) per share. This is an increase from Grainger’s previous dividend of $1.74. This represents a dividend yield of 1.27%. The ex-dividend date of this dividend is Thursday, December 13th.

In other news, insider Helen Gordon bought 4,747 shares of the stock in a transaction dated Monday, December 10th. The stock was purchased at an average cost of GBX 209 ($2.73) per share, for a total transaction of £9,921.23 ($12,963.84).

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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Analyst Recommendations for Grainger (LON:GRI)

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