Grafton Group (GFTU) Rating Reiterated by Canaccord Genuity

Canaccord Genuity reiterated their hold rating on shares of Grafton Group (LON:GFTU) in a research note issued to investors on Wednesday morning. Canaccord Genuity currently has a GBX 850 ($11.53) price objective on the stock.

A number of other equities research analysts have also issued reports on GFTU. Numis Securities reiterated an add rating and issued a GBX 850 ($11.53) target price on shares of Grafton Group in a research note on Thursday, January 11th. Peel Hunt reiterated a hold rating and issued a GBX 785 ($10.65) target price on shares of Grafton Group in a research note on Thursday, January 11th. Liberum Capital reiterated a hold rating and issued a GBX 860 ($11.67) target price on shares of Grafton Group in a research note on Tuesday, January 16th. Finally, Berenberg Bank upgraded Grafton Group to a buy rating and increased their target price for the company from GBX 800 ($10.85) to GBX 920 ($12.48) in a research note on Tuesday, February 20th. Five investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Grafton Group presently has a consensus rating of Hold and a consensus price target of GBX 848.57 ($11.51).

GFTU stock opened at GBX 772.50 ($10.48) on Wednesday. Grafton Group has a 1 year low of GBX 641.77 ($8.71) and a 1 year high of GBX 851 ($11.54).

In other Grafton Group news, insider David Arnold purchased 2,631 shares of Grafton Group stock in a transaction that occurred on Tuesday, April 10th. The stock was purchased at an average price of GBX 765 ($10.38) per share, with a total value of £20,127.15 ($27,302.16).

Grafton Group Company Profile

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.

Analyst Recommendations for Grafton Group (LON:GFTU)

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