Berenberg Bank Increases Grafton Group (LON:GFTU) Price Target to GBX 1,150

Grafton Group (LON:GFTU – Get Free Report) had its price objective lifted by equities researchers at Berenberg Bank from GBX 1,000 to GBX 1,150 in a report released on Wednesday,London Stock Exchange reports. The brokerage currently has a “buy” rating on the stock. Berenberg Bank’s price target would indicate a potential upside of 32.32% from the company’s previous close.

GFTU has been the subject of a number of other reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 1,275 price objective on shares of Grafton Group in a research note on Monday, May 18th. Citigroup lowered their target price on Grafton Group from £115 to £110 and set a “buy” rating on the stock in a report on Friday, June 19th. Finally, Stifel Nicolaus reissued a “buy” rating and set a GBX 1,175 price target on shares of Grafton Group in a research report on Thursday, March 19th. Six equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Grafton Group presently has a consensus rating of “Buy” and an average target price of GBX 2,820.

Get Grafton Group alerts:

Check Out Our Latest Report on GFTU

Grafton Group Stock Performance

LON:GFTU opened at GBX 869.10 on Wednesday. The company has a current ratio of 2.11, a quick ratio of 1.56 and a debt-to-equity ratio of 37.55. The company has a market capitalization of £2.01 billion, a P/E ratio of 9.50, a price-to-earnings-growth ratio of 1.58 and a beta of 1.07. The firm has a 50-day moving average price of GBX 859.57 and a two-hundred day moving average price of GBX 908.83. Grafton Group has a twelve month low of GBX 788.60 and a twelve month high of GBX 1,009.80.

Grafton Group announced that its Board of Directors has initiated a share buyback program on Tuesday, June 30th that permits the company to buyback 0 shares. This buyback authorization permits the company to buy shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s board believes its shares are undervalued.

About Grafton Group

(Get Free Report)

Grafton Group plc engages in the distribution, retailing, and manufacturing businesses in Ireland, the Netherlands, Finland, and the United Kingdom. Its Distribution segment distributes building materials, paint, tools, ironmongery, fixings, and accessories, workwear and PPE, and spare parts; materials and plant for mechanical services, heating, plumbing, and air movement; and trade, DIY, and self-build markets with building materials, timber, doors and floors, plumbing and heating, bathrooms, and landscaping products under the Selco, Leyland SDM, Chadwicks, MacBlair, Isero, Polvo, Gunters en Meuser, TG Lynes, and IKH brands.

See Also

• Five stocks we like better than Grafton Group
• Vertex’s Crinetics Deal Balances Growth with Integration Risk
• Stacking Chips: The Hidden Supply Shock Fueling Intel
• Drone Stocks Are Down, But Defense Backlogs Tell a Different Story
• Industrials Are Leading in 2026, But These ETFs Take Different Routes

Receive News & Ratings for Grafton Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grafton Group and related companies with MarketBeat.com's FREE daily email newsletter.