Key Points
- Grainger insider Robert Hudson bought 81 shares at GBX 185 on November 6, for £149.85. He also bought 93 shares in October and 87 in September.
- Analysts give Grainger a consensus “Moderate Buy” rating, with an average price target of GBX 220.80; four analysts rate it Buy and one rates it Hold.
- Grainger shares opened at GBX 182.50, and the company has a market capitalization of approximately £1.35 billion.
Grainger plc (LON:GRI - Get Free Report) insider Robert Hudson acquired 81 shares of the business's stock in a transaction dated Friday, November 6th. The shares were purchased at an average price of GBX 185 per share, with a total value of £149.85.
Robert Hudson also recently made the following trade(s):
- On Thursday, October 8th, Robert Hudson bought 93 shares of Grainger stock. The stock was purchased at an average cost of GBX 162 per share, for a total transaction of £150.66.
- On Tuesday, September 8th, Robert Hudson bought 87 shares of Grainger stock. The stock was purchased at an average price of GBX 171 per share, for a total transaction of £148.77.
Grainger Price Performance
Shares of Grainger stock opened at GBX 182.50 on Wednesday. The stock has a 50 day moving average of GBX 171.70 and a 200 day moving average of GBX 172.43. 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 cap of £1.35 billion, a PE ratio of 10.31, a PEG ratio of 1.51 and a beta of 0.78. The company has a current ratio of 2.04, a quick ratio of 0.87 and a debt-to-equity ratio of 83.71.
Analysts Set New Price Targets
A number of research firms recently issued reports on GRI. Jefferies Financial Group reaffirmed a "buy" rating and set a GBX 200 price target on shares of Grainger in a research note on Monday, November 2nd. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Grainger from GBX 238 to GBX 224 and set a "buy" rating for the company in a research note on Monday, August 3rd. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Grainger currently has an average rating of "Moderate Buy" and a consensus target price of GBX 220.80.
Read Our Latest Research Report on Grainger
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.4,300 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.
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