Key Points
- Insider purchase: Grainger insider Michael Brodtman acquired 16,129 shares at an average price of GBX 186 on November 27, spending about £29,999.94.
- Analyst view: Jefferies raised its target to GBX 270 with a "buy" rating while Peel Hunt keeps a "hold" at GBX 220, leaving a MarketBeat consensus of "Moderate Buy" and an average target of GBX 245.
- Stock and fundamentals: Grainger (market cap £1.36bn) is trading near GBX 183.60 (down ~0.8%), has a P/E of 12.49 and a 52‑week range of GBX 118.30–238, and is the UK's largest listed residential landlord and REIT.
Grainger plc (LON:GRI - Get Free Report) insider Michael Brodtman acquired 16,129 shares of the business's stock in a transaction that occurred on Thursday, November 27th. The shares were purchased at an average price of GBX 186 per share, with a total value of £29,999.94.
Grainger Trading Down 0.8%
LON:GRI opened at GBX 183.60 on Tuesday. The company has a market capitalization of £1.36 billion, a P/E ratio of 12.49, a P/E/G ratio of 1.51 and a beta of 0.71. The stock's 50 day moving average price is GBX 189.97 and its 200 day moving average price is GBX 200.99. The company has a debt-to-equity ratio of 84.49, a quick ratio of 0.87 and a current ratio of 4.49. Grainger plc has a 52 week low of GBX 118.30 and a 52 week high of GBX 238.
Grainger (LON:GRI - Get Free Report) last issued its quarterly earnings data on Thursday, November 20th. The company reported GBX 9.30 earnings per share for the quarter. Grainger had a negative return on equity of 0.06% and a negative net margin of 0.40%. On average, research analysts forecast that Grainger plc will post 10.4590732 EPS for the current fiscal year.
Wall Street Analyst Weigh In
Several equities analysts have commented on GRI shares. Jefferies Financial Group upped their price target on Grainger from GBX 267 to GBX 270 and gave the company a "buy" rating in a report on Tuesday, October 28th. Peel Hunt reaffirmed a "hold" rating and issued a GBX 220 target price on shares of Grainger in a research report on Thursday, November 20th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, Grainger currently has an average rating of "Moderate Buy" and an average target price of GBX 245.
View Our Latest Research Report on GRI
About Grainger
(
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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.4,500 homes and £1.3bn, Grainger is creating thousands more rental homes by investing in cities across the UK.
Further Reading
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