Grainger (LON:GRI) Price Target Lowered to GBX 238 at Deutsche Bank Aktiengesellschaft

Grainger (LON:GRI) had its price objective trimmed by Deutsche Bank Aktiengesellschaft from GBX 336 to GBX 238 in a research note issued to investors on Friday morning, MarketBeat.com reports. The brokerage currently has a buy rating on the stock.

GRI has been the topic of several other reports. Citigroup lowered their price objective on Grainger from GBX 298 to GBX 253 and set a “buy” rating on the stock in a report on Thursday, April 2nd. Berenberg Bank reissued a “buy” rating and set a GBX 285 target price on shares of Grainger in a report on Thursday. Finally, Jefferies Financial Group decreased their target price on Grainger from GBX 232 to GBX 210 and set a “buy” rating on the stock in a research report on Friday. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 237.20.

Grainger Trading Down 2.6%

Shares of GRI stock opened at GBX 152.65 on Friday. The company has a debt-to-equity ratio of 78.26, a current ratio of 2.71 and a quick ratio of 0.87. The company has a market cap of £1.13 billion, a price-to-earnings ratio of 5.59, a PEG ratio of 1.51 and a beta of 1.11. The stock has a 50 day simple moving average of GBX 167.26 and a 200-day simple moving average of GBX 180.93. Grainger has a 1-year low of GBX 118.30 and a 1-year high of GBX 230.

Grainger (LON:GRI) last announced its earnings results on Thursday, May 14th. The company reported GBX 4.20 earnings per share for the quarter. The business had revenue of £113.70 million during the quarter. Grainger had a return on equity of 10.25% and a net margin of 77.24%. On average, equities research analysts expect that Grainger will post 10.4590732 EPS for the current fiscal year.

Key Stories Impacting Grainger

Here are the key news stories impacting Grainger this week:

• Positive Sentiment: Grainger reported first-half earnings of GBX 4.20 per share on revenue of £113.7 million, with high net margin and solid return on equity, suggesting the business remains fundamentally strong.
• Positive Sentiment: Management said rental demand continues to rise and described the outlook as “excellent,” with the new Renters’ Rights Act potentially supporting structural changes in the sector. Article Title
• Positive Sentiment: Berenberg reaffirmed its Buy rating and kept a GBX 285 price target, signaling continued confidence in Grainger’s longer-term prospects.
• Neutral Sentiment: Grainger issued a clarification on the DRIP election deadline for its 2026 interim dividend, an administrative update that is unlikely to materially affect the shares. Article Title
• Negative Sentiment: Deutsche Bank lowered its price target on Grainger to GBX 238 from GBX 336, which may have weighed on sentiment despite maintaining a Buy rating.
• Negative Sentiment: Jefferies also cut its target to GBX 210 from GBX 232, adding to the impression that analysts see less upside near term even as they remain constructive.

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.