Insider Selling: Grafton Group (LON:GFTU) Insider Sells 2,200 Shares of Stock

Key Points

  • Insider sale: Director Eric Born sold 2,200 shares on December 2 at an average price of GBX 933, generating proceeds of £20,526.
  • Analyst sentiment: Three analysts rate GFTU a "Buy" with a consensus target of GBX 1,140, implying notable upside versus the recent ~GBX 931 share price.
  • Company snapshot: Grafton Group has a market cap of £2.16 billion, a P/E of 10.17 and a debt-to-equity ratio of 37.66, with a 1-year trading range of GBX 790.90–1,035.60.

Grafton Group plc (LON:GFTU - Get Free Report) insider Eric Born sold 2,200 shares of the firm's stock in a transaction that occurred on Tuesday, December 2nd. The stock was sold at an average price of GBX 933, for a total transaction of £20,526.

Grafton Group Price Performance

Shares of GFTU stock opened at GBX 931.19 on Friday. The firm has a fifty day moving average of GBX 928.92 and a two-hundred day moving average of GBX 934.44. The firm has a market cap of £2.16 billion, a P/E ratio of 10.17, a P/E/G ratio of 1.58 and a beta of 1.60. Grafton Group plc has a 1-year low of GBX 790.90 and a 1-year high of GBX 1,035.60. The company has a debt-to-equity ratio of 37.66, a current ratio of 2.21 and a quick ratio of 1.56.

Analysts Set New Price Targets

GFTU has been the subject of a number of research reports. Peel Hunt reiterated a "buy" rating and issued a GBX 1,130 price target on shares of Grafton Group in a research note on Thursday, November 13th. Berenberg Bank reaffirmed a "buy" rating and set a GBX 1,100 target price on shares of Grafton Group in a report on Thursday, September 4th. Finally, Royal Bank Of Canada decreased their target price on Grafton Group from GBX 1,220 to GBX 1,190 and set an "outperform" rating for the company in a research report on Friday, October 31st. Three research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus target price of GBX 1,140.




Check Out Our Latest Stock Analysis on GFTU

Grafton Group Company Profile

(Get Free Report)

Grafton Group plc engages in the distribution, retailing, and manufacturing businesses in Ireland, the Netherlands, Finland, and the United Kingdom. Its Distribution segment distributes building materials, paint, tools, ironmongery, fixings, and accessories, workwear and PPE, and spare parts; materials and plant for mechanical services, heating, plumbing, and air movement; and trade, DIY, and self-build markets with building materials, timber, doors and floors, plumbing and heating, bathrooms, and landscaping products under the Selco, Leyland SDM, Chadwicks, MacBlair, Isero, Polvo, Gunters en Meuser, TG Lynes, and IKH brands.

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