Grainger (LON:GRI) Insider Helen Gordon Buys 82 Shares

Grainger plc (LON:GRI) insider Helen Gordon purchased 82 shares of the company’s stock in a transaction dated Tuesday, March 3rd. The shares were purchased at an average price of GBX 183 per share, for a total transaction of £150.06.

Helen Gordon also recently made the following trade(s):

• On Tuesday, February 3rd, Helen Gordon acquired 77 shares of Grainger stock. The stock was acquired at an average cost of GBX 193 per share, for a total transaction of £148.61.
• On Friday, January 2nd, Helen Gordon bought 83 shares of Grainger stock. The shares were acquired at an average price of GBX 181 per share, for a total transaction of £150.23.
• On Tuesday, December 23rd, Helen Gordon sold 92,066 shares of Grainger stock. The stock was sold at an average price of GBX 181, for a total value of £166,639.46.

Grainger Stock Performance

Shares of GRI stock opened at GBX 183.20 on Friday. The company has a current ratio of 2.71, a quick ratio of 0.87 and a debt-to-equity ratio of 78.26. The stock has a 50 day simple moving average of GBX 190.29 and a 200-day simple moving average of GBX 189.35. The company has a market cap of £1.35 billion, a price-to-earnings ratio of 6.71, a price-to-earnings-growth ratio of 1.51 and a beta of 0.76. Grainger plc has a 12-month low of GBX 118.30 and a 12-month high of GBX 230.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Peel Hunt lowered their target price on shares of Grainger from GBX 220 to GBX 200 and set a “hold” rating on the stock in a research report on Thursday, January 8th. Berenberg Bank boosted their price target on Grainger from GBX 260 to GBX 285 and gave the stock a “buy” rating in a research note on Tuesday, January 27th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of GBX 251.67.

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.