Grainger (LON:GRI) Insider Purchases £150.66 in Stock

Grainger plc (LON:GRI) insider Helen Gordon purchased 93 shares of the stock in a transaction on Thursday, October 8th. The shares were acquired at an average price of GBX 162 per share, for a total transaction of £150.66.

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

• On Tuesday, September 8th, Helen Gordon acquired 87 shares of Grainger stock. The stock was acquired at an average price of GBX 171 per share, with a total value of £148.77.
• On Friday, August 7th, Helen Gordon acquired 87 shares of Grainger stock. The stock was acquired at an average price of GBX 174 per share, with a total value of £151.38.

Grainger Trading Up 1.3%

Shares of GRI stock opened at GBX 162 on Monday. The company has a debt-to-equity ratio of 83.71, a current ratio of 2.04 and a quick ratio of 0.87. The company has a market cap of £1.20 billion, a price-to-earnings ratio of 9.15, a PEG ratio of 1.51 and a beta of 0.78. The stock has a 50 day simple moving average of GBX 169.70 and a 200-day simple moving average of GBX 167.12. Grainger plc has a 1-year low of GBX 149.44 and a 1-year high of GBX 202.79.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on GRI shares. Deutsche Bank Aktiengesellschaft cut their price target on shares of Grainger from GBX 238 to GBX 224 and set a “buy” rating for the company in a report on Monday, August 3rd. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 210 price objective on shares of Grainger in a report on Monday, September 7th. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 222.80.

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.