Grainger PLC (LON:GRI) insider Helen Gordon bought 116 shares of the stock in a transaction dated Monday, November 4th. The stock was purchased at an average cost of GBX 258 ($3.37) per share, for a total transaction of £299.28 ($391.06).
Shares of LON GRI opened at GBX 258.60 ($3.38) on Friday. The firm’s 50-day simple moving average is GBX 254.60 and its 200 day simple moving average is GBX 246.93. The company has a market cap of $1.60 billion and a price-to-earnings ratio of 13.19. The company has a quick ratio of 2.42, a current ratio of 10.35 and a debt-to-equity ratio of 103.56. Grainger PLC has a 12-month low of GBX 204 ($2.67) and a 12-month high of GBX 274 ($3.58).
GRI has been the topic of several analyst reports. Peel Hunt reaffirmed a “buy” rating and issued a GBX 290 ($3.79) target price on shares of Grainger in a report on Friday, September 27th. Numis Securities reaffirmed an “add” rating on shares of Grainger in a report on Monday, September 30th. Finally, Peel Hunt reaffirmed a “buy” rating on shares of Grainger in a report on Tuesday. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of GBX 284 ($3.71).
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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