Grainger (GRI) – Analysts’ Recent Ratings Updates

A number of research firms have changed their ratings and price targets for Grainger (LON: GRI):

• 5/9/2022 – Grainger had its “equal weight” rating reaffirmed by analysts at Barclays PLC. They now have a GBX 285 ($3.51) price target on the stock.
• 5/6/2022 – Grainger had its “overweight” rating reaffirmed by analysts at JPMorgan Chase & Co.. They now have a GBX 370 ($4.56) price target on the stock.
• 4/29/2022 – Grainger had its “equal weight” rating reaffirmed by analysts at Barclays PLC. They now have a GBX 285 ($3.51) price target on the stock.
• 4/19/2022 – Grainger had its “equal weight” rating reaffirmed by analysts at Barclays PLC. They now have a GBX 285 ($3.51) price target on the stock.
• 4/6/2022 – Grainger had its “overweight” rating reaffirmed by analysts at JPMorgan Chase & Co..
• 4/1/2022 – Grainger had its “equal weight” rating reaffirmed by analysts at Barclays PLC. They now have a GBX 285 ($3.51) price target on the stock.
• 3/22/2022 – Grainger had its “buy” rating reaffirmed by analysts at Berenberg Bank. They now have a GBX 390 ($4.81) price target on the stock.
• 3/21/2022 – Grainger had its “equal weight” rating reaffirmed by analysts at Barclays PLC. They now have a GBX 285 ($3.51) price target on the stock.

GRI stock opened at GBX 283.60 ($3.50) on Tuesday. The stock has a market capitalization of £2.10 billion and a P/E ratio of 17.61. The company has a current ratio of 8.45, a quick ratio of 3.23 and a debt-to-equity ratio of 77.82. Grainger plc has a 12 month low of GBX 259.80 ($3.20) and a 12 month high of GBX 340 ($4.19). The firm has a 50-day moving average price of GBX 293.11 and a 200-day moving average price of GBX 299.78.

In other news, insider Helen Gordon sold 247,503 shares of the company’s stock in a transaction that occurred on Wednesday, February 16th. The stock was sold at an average price of GBX 290 ($3.58), for a total value of £717,758.70 ($884,920.11).

Grainger plc, together with its subsidiaries, designs, owns, operates, manages, and rents residential properties in the United Kingdom. It also provides property and asset management services. The company was incorporated in 1912 and is headquartered in Newcastle upon Tyne, the United Kingdom.

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