Grainger PLC (LON:GRI) Add Rating Maintained Today By Numis; The Price Target is Set to GBX 350.00

May 17, 2018 - By Jason Grubb

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Grainger PLC (LON:GRI) Rating Reaffirmed

Numis now has a GBX 350.00 target on the 1.33B GBP market cap company or 10.94 % upside potential. In analysts report published on 17 May, Grainger PLC (LON:GRI) shares have had their Add Rating restate by expert analysts at Numis.

Grainger plc (LON:GRI) Ratings Coverage

Among 6 analysts covering Grainger PLC (LON:GRI), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. Grainger PLC has GBX 356 highest and GBX 282 lowest target. GBX 328’s average target is 1.86% above currents GBX 322 stock price. Grainger PLC had 19 analyst reports since November 24, 2017 according to SRatingsIntel. Barclays Capital maintained the shares of GRI in report on Thursday, February 22 with “Overweight” rating. The firm earned “Buy” rating on Wednesday, January 3 by Peel Hunt. As per Thursday, May 17, the company rating was maintained by Numis Securities. The company was maintained on Wednesday, February 7 by Peel Hunt. JP Morgan maintained Grainger plc (LON:GRI) rating on Wednesday, December 6. JP Morgan has “Neutral” rating and GBX 320 target. Numis Securities downgraded it to “Add” rating and GBX 323 target in Wednesday, November 29 report. On Wednesday, May 2 the stock rating was maintained by Peel Hunt with “Buy”. As per Thursday, April 5, the company rating was maintained by Peel Hunt. The rating was maintained by Jefferies with “Hold” on Friday, December 1. The firm has “Add” rating by Peel Hunt given on Thursday, May 17.

The stock increased 2.61% or GBX 8.2 during the last trading session, reaching GBX 322. About 1.43M shares traded or 53.87% up from the average. Grainger plc (LON:GRI) has 0.00% since May 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Grainger plc, together with its subsidiaries, owns, develops, manages, and rents residential properties in the United Kingdom The firm operates through three divisions: Residential, Development, and Funds. The company has market cap of 1.33 billion GBP. It also provides fund management, asset management, and property management services. It has a 17.99 P/E ratio.

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