Key Points
- Insider sale: Director Robert Hudson sold 25,820 shares on Dec. 22 at an average price of GBX 181, receiving £46,734.20, after small purchases of 80–81 shares in October and December at higher prices.
- Shares opened at GBX 180.60 (down 0.8%), with a market cap of £1.34bn, a PE of 6.62 and a 52-week range of GBX 118.30–230.
- Analyst view: Consensus is a "Moderate Buy" with an average target of GBX 245; Jefferies upgraded to a GBX 270 "buy" while Peel Hunt reiterated a GBX 220 "hold."
Grainger plc (LON:GRI - Get Free Report) insider Robert Hudson sold 25,820 shares of the firm's stock in a transaction on Monday, December 22nd. The shares were sold at an average price of GBX 181, for a total value of £46,734.20.
Robert Hudson also recently made the following trade(s):
- On Tuesday, December 2nd, Robert Hudson purchased 81 shares of Grainger stock. The shares were purchased at an average cost of GBX 184 per share, with a total value of £149.04.
- On Friday, October 3rd, Robert Hudson purchased 80 shares of Grainger stock. The shares were purchased at an average price of GBX 189 per share, with a total value of £151.20.
Grainger Stock Down 0.8%
GRI stock opened at GBX 180.60 on Wednesday. The stock has a market cap of £1.34 billion, a PE ratio of 6.62, a price-to-earnings-growth ratio of 1.51 and a beta of 0.71. The firm's 50-day simple moving average is GBX 187.52 and its 200 day simple moving average is GBX 196.75. Grainger plc has a fifty-two week low of GBX 118.30 and a fifty-two week high of GBX 230. The company has a quick ratio of 0.87, a current ratio of 4.49 and a debt-to-equity ratio of 84.49.
Grainger (LON:GRI - Get Free Report) last posted its earnings results on Thursday, November 20th. The company reported GBX 9.30 EPS for the quarter. Grainger had a negative net margin of 0.40% and a negative return on equity of 0.06%. As a group, sell-side analysts predict that Grainger plc will post 10.4590732 EPS for the current year.
Analyst Ratings Changes
GRI has been the topic of several recent analyst reports. Peel Hunt reaffirmed a "hold" rating and set a GBX 220 target price on shares of Grainger in a research note on Thursday, November 20th. Jefferies Financial Group raised 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. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of GBX 245.
View Our Latest Stock Report on Grainger
About Grainger
(
Get Free Report)
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.
Further Reading
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