Grainger PLC (GRI) Receives GBX 335.40 Consensus Target Price from Analysts

Grainger PLC (LON:GRI) has been given an average recommendation of “Buy” by the six brokerages that are covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is GBX 335.40 ($4.38).

Several equities research analysts have recently weighed in on GRI shares. Peel Hunt reissued an “add” rating on shares of Grainger in a research note on Friday, September 28th. Numis Securities raised shares of 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 note on Thursday, September 13th.

Shares of GRI traded down GBX 4.40 ($0.06) during midday trading on Monday, hitting GBX 278.20 ($3.64). The stock had a trading volume of 875,416 shares, compared to its average volume of 883,206. Grainger has a 1 year low of GBX 243.05 ($3.18) and a 1 year high of GBX 385.25 ($5.03).

About Grainger

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 fund management, asset management, and property management services. The company was founded in 1912 and is headquartered in Newcastle upon Tyne, the United Kingdom.

See Also: Market Capitalization

Analyst Recommendations for Grainger (LON:GRI)

Receive News & Ratings for Grainger Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grainger and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply