GRAFTON GROUP PLC UT (1 ORD, 1 C (LON:GFTU)‘s stock had its “hold” rating reissued by stock analysts at Liberum Capital in a note issued to investors on Monday, January 8th. They presently have a GBX 860 ($12.08) target price on the stock. Liberum Capital’s target price would suggest a potential upside of 13.16% from the company’s previous close.
A number of other brokerages have also commented on GFTU. Jefferies Group increased their price objective on shares of GRAFTON GROUP PLC UT (1 ORD, 1 C from GBX 770 ($10.81) to GBX 810 ($11.37) and gave the stock a “hold” rating in a report on Tuesday, September 12th. Peel Hunt restated a “hold” rating and set a GBX 780 ($10.95) target price on shares of GRAFTON GROUP PLC UT (1 ORD, 1 C in a research report on Thursday, November 9th. Finally, Barclays initiated coverage on shares of GRAFTON GROUP PLC UT (1 ORD, 1 C in a research report on Monday, November 27th. They set an “overweight” rating and a GBX 814 ($11.43) target price on the stock. Six research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. GRAFTON GROUP PLC UT (1 ORD, 1 C currently has a consensus rating of “Hold” and an average price target of GBX 804.14 ($11.29).
Shares of GRAFTON GROUP PLC UT (LON:GFTU) traded down GBX 16.50 ($0.23) during trading hours on Monday, reaching GBX 760 ($10.67). 544,940 shares of the company’s stock were exchanged, compared to its average volume of 301,931. GRAFTON GROUP PLC UT has a 12-month low of GBX 581 ($8.16) and a 12-month high of GBX 851 ($11.95).
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About GRAFTON GROUP PLC UT (1 ORD, 1 C
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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