UBS Group Upgrades Graincorp (GRCLF) to “Buy”

UBS Group upgraded shares of Graincorp (OTCMKTS:GRCLF) from a neutral rating to a buy rating in a research report released on Monday morning, 99wallstreet.com reports.

Shares of GRCLF opened at $6.67 on Monday. Graincorp has a one year low of $5.29 and a one year high of $6.92.

About Graincorp

GrainCorp Limited operates as a food ingredients and agribusiness company in Australasia, Asia, North America, Europe, the Middle East, North Africa, and internationally. The company operates in three segments: Grains, Malt, and Oils. The Grains segment receives, transports, tests, stores, and exports/imports grains comprising wheat, barley, canola, and sorghum, as well as other bulk commodities.

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