Several other equities analysts have also issued reports on GRI. Jefferies Group lowered their price target on Grainger PLC from GBX 215 ($2.66) to GBX 199 ($2.46) and set a hold rating on the stock in a research note on Friday, August 19th. N+1 Singer restated a buy rating and set a GBX 320 ($3.96) price target on shares of Grainger PLC in a research note on Friday, September 30th. Finally, JPMorgan Chase & Co. upgraded Grainger PLC to an overweight rating and boosted their price target for the company from GBX 260 ($3.22) to GBX 285 ($3.53) in a research note on Wednesday, June 22nd. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Grainger PLC currently has a consensus rating of Hold and a consensus price target of GBX 265.43 ($3.29).
Shares of Grainger PLC (LON:GRI) opened at 219.90 on Tuesday. Grainger PLC has a 52-week low of GBX 193.00 and a 52-week high of GBX 253.00. The firm’s market capitalization is GBX 910.16 million. The company has a 50-day moving average price of GBX 228.88 and a 200 day moving average price of GBX 225.01.
In other Grainger PLC news, insider Jopling ,Nick bought 204 shares of Grainger PLC stock in a transaction dated Wednesday, August 3rd. The shares were acquired at an average cost of GBX 219 ($2.71) per share, with a total value of £446.76 ($552.92). Also, insider Nick Jopling bought 192 shares of Grainger PLC stock in a transaction dated Monday, October 3rd. The stock was acquired at an average cost of GBX 233 ($2.88) per share, for a total transaction of £447.36 ($553.66).
About Grainger PLC
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