Key Points
- Insider buying: Helen Gordon purchased 94 shares on May 5 at GBX 159 (total £149.46) and had earlier bought 82 shares on March 3 at GBX 183 (total £150.06).
- Analyst consensus & valuation: The stock carries a "Moderate Buy" consensus (three Buys, one Hold) with a consensus price target of GBX 252; shares recently traded up ~3.5%, with a market cap of ~£1.22bn and a PE of 6.05.
- Company profile: Grainger is the UK's largest listed residential landlord and REIT, managing about 11,000 rental homes and a secured build-to-rent pipeline of roughly 4,300 homes valued at £1.3bn.
Grainger plc (LON:GRI - Get Free Report) insider Helen Gordon bought 94 shares of the company's stock in a transaction on Tuesday, May 5th. The shares were purchased at an average cost of GBX 159 per share, for a total transaction of £149.46.
Helen Gordon also recently made the following trade(s):
- On Tuesday, March 3rd, Helen Gordon bought 82 shares of Grainger stock. The shares were purchased at an average cost of GBX 183 per share, for a total transaction of £150.06.
Grainger Trading Up 3.5%
LON:GRI opened at GBX 165.05 on Thursday. The company has a current ratio of 2.71, a quick ratio of 0.87 and a debt-to-equity ratio of 78.26. The stock has a market capitalization of £1.22 billion, a PE ratio of 6.05, a price-to-earnings-growth ratio of 1.51 and a beta of 0.78. The firm's 50 day moving average is GBX 171.50 and its 200 day moving average is GBX 182.68. Grainger plc has a 12 month low of GBX 118.30 and a 12 month high of GBX 230.
Analyst Ratings Changes
A number of equities research analysts recently commented on GRI shares. Peel Hunt lowered their price target on shares of Grainger from GBX 220 to GBX 200 and set a "hold" rating on the stock in a report on Thursday, January 8th. Berenberg Bank lifted their price target on shares of Grainger from GBX 260 to GBX 285 and gave the stock a "buy" rating in a report on Tuesday, January 27th. Finally, Citigroup lowered their target price on shares of Grainger from GBX 298 to GBX 253 and set a "buy" rating on the stock in a report on Thursday, April 2nd. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of GBX 252.
Get Our Latest Stock Analysis on GRI
Grainger Company Profile
(
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.
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