Insider Buying: Grainger (LON:GRI) Insider Purchases £148.77 in Stock

Grainger plc (LON:GRIGet Free Report) insider Helen Gordon purchased 87 shares of the company’s stock in a transaction dated Tuesday, September 8th. The stock was purchased at an average price of GBX 171 per share, with a total value of £148.77.

Helen Gordon also recently made the following trade(s):

  • On Friday, August 7th, Helen Gordon acquired 87 shares of Grainger stock. The stock was acquired at an average price of GBX 174 per share, for a total transaction of £151.38.
  • On Wednesday, July 8th, Helen Gordon acquired 88 shares of Grainger stock. The stock was acquired at an average price of GBX 170 per share, for a total transaction of £149.60.

Grainger Price Performance

Shares of LON GRI opened at GBX 165.90 on Friday. The company has a current ratio of 2.04, a quick ratio of 0.87 and a debt-to-equity ratio of 83.71. The company’s 50-day moving average price is GBX 173.63 and its 200 day moving average price is GBX 169.23. Grainger plc has a 52 week low of GBX 118.30 and a 52 week high of GBX 202.79. The stock has a market cap of £1.23 billion, a price-to-earnings ratio of 9.37, a PEG ratio of 1.51 and a beta of 0.78.

Analyst Ratings Changes

GRI has been the subject of a number of recent research reports. Jefferies Financial Group reissued a “buy” rating and set a GBX 210 price objective on shares of Grainger in a research note on Monday, September 7th. Berenberg Bank reduced their target price on Grainger from GBX 285 to GBX 227 and set a “buy” rating on the stock in a research note on Wednesday, May 27th. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on Grainger from GBX 238 to GBX 224 and set a “buy” rating on the stock in a report on Monday, August 3rd. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of GBX 222.80.

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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.

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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Insider Buying and Selling by Quarter for Grainger (LON:GRI)

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