Grainger (LON:GRI – Get Free Report)‘s stock had its “buy” rating reaffirmed by Jefferies Financial Group in a research note issued on Thursday, Digital Look reports. They currently have a GBX 200 price target on the stock. Jefferies Financial Group’s price target would indicate a potential upside of 12.87% from the company’s previous close.
Separately, Deutsche Bank Aktiengesellschaft dropped their price target on shares of Grainger from GBX 238 to GBX 224 and set a “buy” rating for the company in a research note on Monday, August 3rd. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of GBX 220.80.
View Our Latest Stock Report on GRI
Grainger Stock Performance
Grainger stock opened at GBX 177.20 on Thursday. The company has a market cap of £1.31 billion, a PE ratio of 10.01, a PEG ratio of 1.51 and a beta of 0.78. The company has a current ratio of 2.04, a quick ratio of 0.87 and a debt-to-equity ratio of 83.71. Grainger has a 1 year low of GBX 149.44 and a 1 year high of GBX 202.79. The company’s 50-day moving average is GBX 169.35 and its two-hundred day moving average is GBX 167.45.
Grainger Company Profile
Founded in Newcastle upon Tyne in 1912, Grainger plc, a FTSE 250 business, is the UK’s largest listed residential landlord, a Real Estate Investment Trust (REIT) and a leader in the fast-growing build-to-rent sector, providing c.11,000 rental homes to over 25,000 customers. With a pipeline of secured build-to-rent development projects totalling c.4,300 homes and £1.3bn, Grainger is creating thousands more rental homes by investing in cities across the UK.
Grainger works in partnership with a large number of public sector organisations to deliver new homes to local communities, including Transport for London, Network Rail, the Ministry of Defence, Lewisham Borough Council and the Local Pensions Partnership.
The Grainger team is dedicated to the common purpose of Renting Homes, Enriching Lives, backed by a set of core values.
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