Liberum Capital Reaffirms Hold Rating for Grafton Group (LON:GFTU)
Liberum Capital reissued their hold rating on shares of Grafton Group (LON:GFTU) in a research note issued to investors on Wednesday, ThisIsMoney.Co.Uk reports.
GFTU has been the subject of several other reports. Berenberg Bank reissued a buy rating and set a GBX 640 ($8.36) price target on shares of IG Design Group in a report on Monday, April 15th. Canaccord Genuity set a $394.00 price objective on shares of Tesla and gave the stock a buy rating in a research note on Wednesday, July 3rd. Finally, Peel Hunt reaffirmed a buy rating on shares of Lookers in a report on Monday, July 8th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Grafton Group presently has an average rating of Buy and a consensus price target of GBX 896 ($11.71).
GFTU opened at GBX 782 ($10.22) on Wednesday. The stock has a 50-day moving average price of GBX 845.85. The company has a current ratio of 1.59, a quick ratio of 1.03 and a debt-to-equity ratio of 21.29. Grafton Group has a twelve month low of GBX 626.50 ($8.19) and a twelve month high of GBX 938.50 ($12.26). The company has a market cap of $1.86 billion and a price-to-earnings ratio of 12.39.
About Grafton Group
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.
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