Numis Securities reissued their buy rating on shares of Grainger (LON:GRI) in a research note published on Thursday, Price Targets.com reports. The firm currently has a GBX 360 ($4.70) price target on the stock.
Other analysts have also recently issued research reports about the company. Berenberg Bank reiterated a buy rating and set a GBX 350 ($4.57) price objective on shares of Grainger in a research report on Wednesday, April 21st. JPMorgan Chase & Co. reissued an overweight rating and set a GBX 350 ($4.57) price target on shares of Grainger in a report on Tuesday, January 26th. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company has a consensus rating of Buy and a consensus target price of GBX 322.14 ($4.21).
Grainger stock opened at GBX 285.20 ($3.73) on Thursday. The stock has a market cap of £1.92 billion and a PE ratio of 20.08. The company has a debt-to-equity ratio of 96.70, a quick ratio of 4.29 and a current ratio of 11.30. Grainger has a one year low of GBX 249 ($3.25) and a one year high of GBX 323.80 ($4.23). The stock has a fifty day moving average of GBX 281.26 and a 200 day moving average of GBX 279.07.
In other Grainger news, insider Helen Gordon acquired 110 shares of the company’s stock in a transaction dated Tuesday, April 6th. The stock was purchased at an average price of GBX 274 ($3.58) per share, with a total value of £301.40 ($393.78).
Grainger plc, together with its subsidiaries, owns, develops, manages, and rents residential properties in the United Kingdom. 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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