Grainger’s (GRI) Buy Rating Reaffirmed at Jefferies Financial Group

Grainger (LON:GRI – Get Free Report)‘s stock had its “buy” rating restated by Jefferies Financial Group in a report issued on Thursday, Digital Look reports. They presently have a GBX 200 target price on the stock. Jefferies Financial Group’s price target indicates a potential upside of 12.87% from the stock’s previous close.

Separately, Deutsche Bank Aktiengesellschaft cut their target price on shares of Grainger from GBX 238 to GBX 224 and set a “buy” rating for the company in a report on Monday, August 3rd. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of GBX 220.80.

View Our Latest Stock Report on GRI

Grainger Trading Up 0.6%

Grainger stock opened at GBX 177.20 on Thursday. The company has a current ratio of 2.04, a quick ratio of 0.87 and a debt-to-equity ratio of 83.71. Grainger has a 12 month low of GBX 149.44 and a 12 month high of GBX 202.79. The stock’s 50 day simple moving average is GBX 169.35 and its two-hundred day simple moving average is GBX 167.45. The firm has a market cap of £1.31 billion, a PE ratio of 10.01, a P/E/G ratio of 1.51 and a beta of 0.78.

Grainger Company Profile

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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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Analyst Recommendations for Grainger (LON:GRI)

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