Peel Hunt Reaffirms “Hold” Rating for Grafton Group (LON:GFTU)
Peel Hunt restated their hold rating on shares of Grafton Group (LON:GFTU) in a report issued on Monday morning, ThisIsMoney.Co.Uk reports.
A number of other analysts have also recently weighed in on GFTU. Berenberg Bank reiterated a buy rating and set a GBX 640 ($8.36) price target on shares of IG Design Group in a research report on Monday, April 15th. Liberum Capital reiterated a hold rating on shares of Daily Mail and General Trust P L C in a research report on Tuesday, July 2nd. Finally, Canaccord Genuity set a $394.00 price target on Tesla and gave the stock a buy rating in a research report on Wednesday, July 3rd. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock has an average rating of Buy and a consensus target price of GBX 896 ($11.71).
Shares of Grafton Group stock traded down GBX 7 ($0.09) on Monday, reaching GBX 748.50 ($9.78). 726,101 shares of the company were exchanged, compared to its average volume of 524,986. The company has a debt-to-equity ratio of 21.29, a quick ratio of 1.03 and a current ratio of 1.59. The stock has a 50-day moving average price of GBX 850.66. The stock has a market capitalization of $1.80 billion and a price-to-earnings ratio of 11.86. Grafton Group has a 1-year low of GBX 626.50 ($8.19) and a 1-year high of GBX 938.50 ($12.26).
Grafton Group Company Profile
Grafton Group plc engages in the merchanting, retailing, and mortar manufacturing businesses in Belgium, Ireland, the Netherlands, and the United Kingdom. Its Merchanting segment distributes building and plumbing materials to professional trades people engaged in residential repair, maintenance, and improvement projects, as well as in residential and other new build construction.
See Also: Systematic Risk
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