Grafton Group’s (GFTU) Hold Rating Reiterated at Peel Hunt

Peel Hunt reiterated their hold rating on shares of Grafton Group (LON:GFTU) in a research report released on Monday morning, ThisIsMoney.Co.Uk reports.

Several other research firms have also commented on GFTU. Canaccord Genuity lowered their price objective on shares of Grafton Group from GBX 900 ($11.76) to GBX 895 ($11.69) and set a buy rating for the company in a research note on Wednesday, July 3rd. Liberum Capital reissued a hold rating on shares of Grafton Group in a research note on Wednesday, July 10th. Finally, Berenberg Bank reissued a buy rating and issued a GBX 970 ($12.67) price objective on shares of Grafton Group in a research note on Tuesday, August 13th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company has an average rating of Buy and a consensus target price of GBX 888 ($11.60).

LON GFTU opened at GBX 715.50 ($9.35) on Monday. The firm has a 50 day simple moving average of GBX 734.01 and a 200-day simple moving average of GBX 812.57. The company has a debt-to-equity ratio of 21.29, a quick ratio of 1.03 and a current ratio of 1.59. Grafton Group has a one year low of GBX 626.50 ($8.19) and a one year high of GBX 938.50 ($12.26). The firm has a market cap of $1.70 billion and a price-to-earnings ratio of 11.34.

Grafton Group Company Profile

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.

Featured Article: What is the Quick Ratio?

Analyst Recommendations for Grafton Group (LON:GFTU)

Receive News & Ratings for Grafton Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grafton Group and related companies with MarketBeat.com's FREE daily email newsletter.