Grainger Plc (GRI) Given Average Rating of “Buy” by Analysts
Shares of Grainger Plc (LON:GRI) have been given a consensus rating of “Buy” by the six analysts that are currently covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is GBX 294.17 ($3.87).
Several equities analysts have recently weighed in on GRI shares. Peel Hunt reissued a “buy” rating and set a GBX 300 ($3.95) price target on shares of Grainger Plc in a report on Monday, July 24th. Numis Securities Ltd reissued a “buy” rating and set a GBX 300 ($3.95) price target on shares of Grainger Plc in a report on Wednesday, September 27th. Finally, N+1 Singer reissued a “buy” rating and set a GBX 320 ($4.21) price target on shares of Grainger Plc in a report on Wednesday, September 27th.
In other Grainger Plc news, insider Helen Gordon purchased 104 shares of the business’s stock in a transaction on Friday, November 3rd. The stock was acquired at an average price of GBX 285 ($3.75) per share, for a total transaction of £296.40 ($389.85). Also, insider Nick Jopling purchased 116 shares of the business’s stock in a transaction on Friday, September 8th. The stock was acquired at an average price of GBX 260 ($3.42) per share, with a total value of £301.60 ($396.69). Over the last ninety days, insiders purchased 332 shares of company stock worth $89,704.
Grainger Plc (LON:GRI) traded up GBX 2.70 ($0.04) during midday trading on Thursday, hitting GBX 284.40 ($3.74). The stock had a trading volume of 811,105 shares, compared to its average volume of 623,931. Grainger Plc has a 12-month low of GBX 214.30 ($2.82) and a 12-month high of GBX 287.50 ($3.78).
About Grainger Plc
Grainger plc is a United Kingdom-based company, which operates as a residential landlord. The Company’s segments include Residential, Development, Funds and Other. Its assets include Regulated Tenancy Portfolio, Private Rented Sector Portfolio and Development. It has a portfolio of approximately 8,610 rental homes.
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