Key Points
- Insider buying: Grainger director Robert Hudson purchased 93 shares at GBX 162 each, worth £150.66, following two similar purchases in August and September.
- Stock performance: Grainger shares opened at GBX 162, compared with a 12-month range of GBX 149.44 to GBX 202.79. The company has a market capitalization of approximately £1.20 billion and a P/E ratio of 9.15.
- Analyst sentiment: Four analysts rate Grainger a Buy and one rates it a Hold, producing a “Moderate Buy” consensus and an average price target of GBX 222.80.
Grainger plc (LON:GRI - Get Free Report) insider Robert Hudson bought 93 shares of the stock in a transaction dated Thursday, October 8th. The stock was bought at an average price of GBX 162 per share, with a total value of £150.66.
Robert Hudson also recently made the following trade(s):
- On Tuesday, September 8th, Robert Hudson bought 87 shares of Grainger stock. The stock was bought at an average cost of GBX 171 per share, for a total transaction of £148.77.
- On Friday, August 7th, Robert Hudson purchased 87 shares of Grainger stock. The shares were bought at an average price of GBX 174 per share, for a total transaction of £151.38.
Grainger Price Performance
Shares of LON:GRI opened at GBX 162 on Friday. Grainger plc has a 12 month low of GBX 149.44 and a 12 month high of GBX 202.79. The firm has a market capitalization of £1.20 billion, a P/E ratio of 9.15, a P/E/G ratio of 1.51 and a beta of 0.78. The company has a debt-to-equity ratio of 83.71, a current ratio of 2.04 and a quick ratio of 0.87. The company's fifty day moving average price is GBX 169.70 and its 200 day moving average price is GBX 167.09.
Analyst Upgrades and Downgrades
A number of analysts have recently commented on the company. Jefferies Financial Group reiterated a "buy" rating and set a GBX 210 target price on shares of Grainger in a research report on Monday, September 7th. Deutsche Bank Aktiengesellschaft decreased their target price on Grainger from GBX 238 to GBX 224 and set a "buy" rating for the company in a research report on Monday, August 3rd. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, Grainger has an average rating of "Moderate Buy" and an average target price of GBX 222.80.
Get 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.
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