Todays Report: Today, Grainger PLC’s (GRI) “Hold” Rating Reaffirm at Peel Hunt

Today, Grainger PLC’s (GRI) “Hold” Rating Reaffirm at Peel Hunt

Peel Hunt reiterated their hold rating on shares of Grainger PLC (LON:GRI) in a research note published on Monday. The firm currently has a GBX 250 ($3.10) target price on the stock.

GRI has been the topic of several other reports. N+1 Singer restated a buy rating and set a GBX 320 ($3.97) target price on shares of Grainger PLC in a report on Monday. Jefferies Group restated a hold rating and set a GBX 199 ($2.47) target price on shares of Grainger PLC in a report on Thursday, October 27th. JPMorgan Chase & Co. lowered Grainger PLC to a neutral rating and cut their target price for the company from GBX 285 ($3.54) to GBX 270 ($3.35) in a report on Tuesday, September 6th. Finally, Numis Securities Ltd restated a buy rating and set a GBX 300 ($3.72) target price on shares of Grainger PLC in a report on Tuesday, October 11th. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Grainger PLC has an average rating of Hold and an average target price of GBX 265.43 ($3.29).

Shares of Grainger PLC (LON:GRI) opened at 223.30 on Monday. The firm’s 50-day moving average price is GBX 219.99 and its 200 day moving average price is GBX 224.19. Grainger PLC has a 52 week low of GBX 193.00 and a 52 week high of GBX 249.00. The firm’s market cap is GBX 924.24 million.

In other news, insider Nick Jopling bought 192 shares of the firm’s stock in a transaction that occurred on Monday, October 3rd. The shares were acquired at an average cost of GBX 233 ($2.89) per share, with a total value of £447.36 ($554.97).

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