GRAFTON GROUP UT(1 (GROUF) Downgraded by Zacks Investment Research

Zacks Investment Research downgraded shares of GRAFTON GROUP UT(1 (NASDAQ:GROUF) from a buy rating to a hold rating in a research note issued to investors on Wednesday.

According to Zacks, “Grafton Group plc manufactures and retails building supplies. The Company operates the Plumbase, Buildbase, Jackson, MacNaughton Blair, Chadwicks and Woodies retail chains as well as produces dry mortar. It operates primarily in Britain, Ireland, the Netherlands and Belgium. Grafton Group plc is headquartered in Dublin, Ireland. “

GRAFTON GROUP U (NASDAQ GROUF) opened at 8.9413 on Wednesday. The stock has a market cap of $2.11 billion and a price-to-earnings ratio of 17.8826. GRAFTON GROUP U has a 12 month low of $6.87 and a 12 month high of $10.65. The firm has a 50-day moving average price of $8.94 and a 200-day moving average price of $8.42.

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