Grainger (LON:GRI) Insider Helen Gordon Buys 88 Shares

Grainger plc (LON:GRI) insider Helen Gordon bought 88 shares of the stock in a transaction dated Wednesday, July 8th. The stock was purchased at an average cost of GBX 170 per share, for a total transaction of £149.60.

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

• On Tuesday, May 5th, Helen Gordon purchased 94 shares of Grainger stock. The shares were purchased at an average cost of GBX 159 per share, with a total value of £149.46.

Grainger Price Performance

LON:GRI traded up GBX 0.50 on Friday, reaching GBX 173.30. The stock had a trading volume of 1,307,942 shares, compared to its average volume of 12,581,266. The company has a market capitalization of £1.28 billion, a P/E ratio of 6.35, a price-to-earnings-growth ratio of 1.51 and a beta of 0.78. Grainger plc has a 1-year low of GBX 118.30 and a 1-year high of GBX 213. The company has a quick ratio of 0.87, a current ratio of 2.04 and a debt-to-equity ratio of 83.71. The stock has a fifty day moving average price of GBX 162.02 and a 200-day moving average price of GBX 174.35.

Grainger (LON:GRI) last posted its earnings results on Thursday, May 14th. The company reported GBX 4.20 earnings per share (EPS) for the quarter. The company had revenue of £113.70 million during the quarter. Grainger had a net margin of 54.91% and a return on equity of 6.53%. Research analysts forecast that Grainger plc will post 10.4590732 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the company. Berenberg Bank cut their price objective on Grainger from GBX 285 to GBX 227 and set a “buy” rating for the company in a research report on Wednesday, May 27th. Citigroup decreased their target price on Grainger from GBX 298 to GBX 253 and set a “buy” rating on the stock in a report on Thursday, April 2nd. Deutsche Bank Aktiengesellschaft lowered their target price on Grainger from GBX 336 to GBX 238 and set a “buy” rating for the company in a research note on Friday, May 15th. Finally, Jefferies Financial Group cut their price target on Grainger from GBX 232 to GBX 210 and set a “buy” rating for the company in a report on Friday, May 15th. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of GBX 225.60.

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.