Grafton Group (LON:GFTU)‘s stock had its “hold” rating reaffirmed by Liberum Capital in a research report issued to clients and investors on Wednesday, ThisIsMoney.Co.Uk reports.
A number of other research firms also recently issued reports on GFTU. Peel Hunt restated a “buy” rating on shares of Lookers in a research report on Monday. Berenberg Bank restated a “buy” rating and set a GBX 640 ($8.36) target price on shares of IG Design Group in a research report on Monday, April 15th. Finally, Canaccord Genuity set a $394.00 target price on shares of Tesla and gave the company a “buy” rating in a research report on Wednesday, July 3rd. Three analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Grafton Group has a consensus rating of “Buy” and an average target price of GBX 896 ($11.71).
LON GFTU opened at GBX 759.50 ($9.92) on Wednesday. The firm has a market capitalization of $1.80 billion and a P/E ratio of 12.04. The firm’s fifty day simple moving average is GBX 847.75. Grafton Group has a 1 year low of GBX 626.50 ($8.19) and a 1 year high of GBX 938.50 ($12.26). The company has a quick ratio of 1.03, a current ratio of 1.59 and a debt-to-equity ratio of 21.29.
About Grafton Group
Grafton Group plc engages in the merchanting, retailing, and mortar manufacturing businesses in Belgium, Ireland, the Netherlands, and the United Kingdom. Its Merchanting segment distributes building and plumbing materials to professional trades people engaged in residential repair, maintenance, and improvement projects, as well as in residential and other new build construction.
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