Grainger (LON:GRI)‘s stock had its “buy” rating reiterated by Peel Hunt in a report issued on Tuesday, ThisIsMoney.Co.Uk reports.
GRI has been the topic of several other research reports. Numis Securities cut shares of Grainger to an “add” rating and raised their target price for the stock from GBX 282 ($3.68) to GBX 295 ($3.85) in a report on Thursday, May 16th. Barclays cut their target price on shares of Grainger from GBX 320 ($4.18) to GBX 260 ($3.40) and set an “equal weight” rating on the stock in a report on Friday, February 15th.
Shares of Grainger stock opened at GBX 240 ($3.14) on Tuesday. The company has a current ratio of 10.35, a quick ratio of 2.42 and a debt-to-equity ratio of 103.56. Grainger has a 52-week low of GBX 204 ($2.67) and a 52-week high of GBX 292.66 ($3.82). The company has a market capitalization of $1.49 billion and a PE ratio of 12.24.
Grainger plc, together with its subsidiaries, owns, develops, manages, and rents residential properties in the United Kingdom. The company operates through three segments: Residential, Development, and Funds. It also provides property and asset management services. The company was founded in 1912 and is headquartered in Newcastle upon Tyne, the United Kingdom.
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