Grainger (LON:GRI) Insider Purchases £150.06 in Stock

Grainger plc (LON:GRI) insider Helen Gordon acquired 82 shares of the business’s stock in a transaction dated Tuesday, March 3rd. The shares were bought at an average price of GBX 183 per share, for a total transaction of £150.06.

Helen Gordon also recently made the following trade(s):

• On Tuesday, February 3rd, Helen Gordon bought 77 shares of Grainger stock. The stock was bought at an average price of GBX 193 per share, with a total value of £148.61.
• On Friday, January 2nd, Helen Gordon bought 83 shares of Grainger stock. The shares were bought at an average cost of GBX 181 per share, for a total transaction of £150.23.
• On Tuesday, December 23rd, Helen Gordon sold 92,066 shares of Grainger stock. The shares were sold at an average price of GBX 181, for a total transaction of £166,639.46.

Grainger Trading Down 0.8%

LON GRI opened at GBX 181.70 on Friday. Grainger plc has a 12-month low of GBX 118.30 and a 12-month high of GBX 230. The company has a fifty day simple moving average of GBX 190.32 and a two-hundred day simple moving average of GBX 189.16. The company has a current ratio of 2.71, a quick ratio of 0.87 and a debt-to-equity ratio of 78.26. The stock has a market cap of £1.34 billion, a P/E ratio of 6.66, a P/E/G ratio of 1.51 and a beta of 0.76.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on GRI. Berenberg Bank raised their target price on Grainger from GBX 260 to GBX 285 and gave the stock a “buy” rating in a research note on Tuesday, January 27th. Peel Hunt dropped their price target on Grainger from GBX 220 to GBX 200 and set a “hold” rating on the stock in a research note on Thursday, January 8th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Grainger has an average rating of “Moderate Buy” and an average price target of GBX 251.67.

Grainger Company Profile

Founded in Newcastle upon Tyne in 1912, Grainger plc, a FTSE 250 business, is the UK’s largest listed residential landlord, a Real Estate Investment Trust (REIT) and a leader in the fast-growing build-to-rent sector, providing c.11,000 rental homes to over 25,000 customers. With a pipeline of secured build-to-rent development projects totalling c.4,300 homes and £1.3bn, Grainger is creating thousands more rental homes by investing in cities across the UK.

Grainger works in partnership with a large number of public sector organisations to deliver new homes to local communities, including Transport for London, Network Rail, the Ministry of Defence, Lewisham Borough Council and the Local Pensions Partnership.

The Grainger team is dedicated to the common purpose of Renting Homes, Enriching Lives, backed by a set of core values.