Grafton Group plc (LON:GFTU) has earned an average rating of “Buy” from the six research firms that are presently covering the firm, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is GBX 905 ($11.83).
Several equities research analysts recently commented on GFTU shares. Liberum Capital reiterated a “hold” rating on shares of Grafton Group in a report on Wednesday, July 10th. Berenberg Bank reiterated a “buy” rating and issued a GBX 970 ($12.67) price objective on shares of Grafton Group in a report on Tuesday, August 13th. Peel Hunt reiterated a “hold” rating on shares of Grafton Group in a report on Monday, August 19th. Finally, Canaccord Genuity reduced their price objective on Grafton Group from GBX 900 ($11.76) to GBX 895 ($11.69) and set a “buy” rating for the company in a report on Wednesday, July 3rd.
LON GFTU traded down GBX 7.50 ($0.10) during trading hours on Friday, hitting GBX 717 ($9.37). The company’s stock had a trading volume of 726,748 shares, compared to its average volume of 524,986. Grafton Group has a 12 month low of GBX 626.50 ($8.19) and a 12 month high of GBX 938.50 ($12.26). The company’s 50 day simple moving average is GBX 730.41 and its two-hundred day simple moving average is GBX 812.41. The company has a market cap of $1.70 billion and a P/E ratio of 11.36. The company has a debt-to-equity ratio of 21.29, a current ratio of 1.59 and a quick ratio of 1.03.
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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