Numis Securities Reaffirms Add Rating for GRAFTON GROUP PLC UT (1 ORD, 1 C (GFTU)
Numis Securities reaffirmed their add rating on shares of GRAFTON GROUP PLC UT (1 ORD, 1 C (LON:GFTU) in a report released on Thursday. Numis Securities currently has a GBX 850 ($11.53) price target on the stock.
Several other research analysts also recently issued reports on the stock. Liberum Capital reissued a hold rating and set a GBX 860 ($11.66) price objective on shares of GRAFTON GROUP PLC UT (1 ORD, 1 C in a research report on Monday, January 8th. Peel Hunt raised their price objective on shares of GRAFTON GROUP PLC UT (1 ORD, 1 C from GBX 780 ($10.58) to GBX 785 ($10.65) and gave the stock a hold rating in a research report on Wednesday, December 6th. Finally, Barclays began coverage on shares of GRAFTON GROUP PLC UT (1 ORD, 1 C in a research report on Monday, November 27th. They set an overweight rating and a GBX 814 ($11.04) price objective on the stock. Six equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock presently has a consensus rating of Hold and an average target price of GBX 808.43 ($10.96).
Shares of GRAFTON GROUP PLC UT (GFTU) traded up GBX 15 ($0.20) during trading on Thursday, reaching GBX 825 ($11.19). 438,164 shares of the company’s stock traded hands, compared to its average volume of 311,764. GRAFTON GROUP PLC UT has a 52 week low of GBX 534 ($7.24) and a 52 week high of GBX 851 ($11.54).
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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.
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