Grafton Group plc (GFTU) Insider Buys £10,605 in Stock

Grafton Group plc (LON:GFTU) insider Susan Murray bought 1,500 shares of the firm’s stock in a transaction on Tuesday, October 30th. The stock was acquired at an average cost of GBX 707 ($9.24) per share, with a total value of £10,605 ($13,857.31).

Shares of LON:GFTU opened at GBX 727 ($9.50) on Friday. Grafton Group plc has a fifty-two week low of GBX 641.77 ($8.39) and a fifty-two week high of GBX 851 ($11.12).

A number of brokerages have weighed in on GFTU. Peel Hunt reissued a “hold” rating on shares of Grafton Group in a research report on Wednesday, July 11th. Liberum Capital reissued a “hold” rating on shares of Grafton Group in a research report on Wednesday, July 11th. Berenberg Bank boosted their target price on Grafton Group from GBX 950 ($12.41) to GBX 960 ($12.54) and gave the stock a “buy” rating in a research report on Thursday, August 23rd. Canaccord Genuity reissued a “hold” rating and issued a GBX 850 ($11.11) target price on shares of Grafton Group in a research report on Wednesday, August 22nd. Finally, Numis Securities reissued an “add” rating on shares of Grafton Group in a research report on Wednesday, August 22nd. Five analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of GBX 855.83 ($11.18).

About Grafton Group

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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