Shore Capital Reaffirms “not rated” Rating for GRAFTON GROUP PLC UT (1 ORD, 1 C (GFTU)

Shore Capital reaffirmed their not rated rating on shares of GRAFTON GROUP PLC UT (1 ORD, 1 C (LON:GFTU) in a report published on Tuesday, May 9th.

Other equities analysts have also issued reports about the stock. Numis Securities Ltd lowered their target price on shares of GRAFTON GROUP PLC UT (1 ORD, 1 C from GBX 850 ($10.97) to GBX 730 ($9.42) and set a buy rating on the stock in a research report on Tuesday, March 7th. Canaccord Genuity reiterated a hold rating and issued a GBX 715 ($9.23) price objective on shares of GRAFTON GROUP PLC UT (1 ORD, 1 C in a research report on Tuesday, May 9th. Peel Hunt lifted their price objective on shares of GRAFTON GROUP PLC UT (1 ORD, 1 C from GBX 650 ($8.39) to GBX 735 ($9.49) and gave the company a hold rating in a research report on Tuesday, May 9th. Liberum Capital reiterated a hold rating and issued a GBX 690 ($8.91) price objective on shares of GRAFTON GROUP PLC UT (1 ORD, 1 C in a research report on Tuesday, May 9th. Finally, Jefferies Group LLC reiterated a hold rating and issued a GBX 730 ($9.42) price objective on shares of GRAFTON GROUP PLC UT (1 ORD, 1 C in a research report on Wednesday, March 15th. Five analysts have rated the stock with a hold rating and three have given a buy rating to the stock. GRAFTON GROUP PLC UT (1 ORD, 1 C currently has a consensus rating of Hold and a consensus price target of GBX 721.67 ($9.32).

Shares of GRAFTON GROUP PLC UT (LON:GFTU) traded up 1.33% during mid-day trading on Tuesday, reaching GBX 760.00. The company’s stock had a trading volume of 1,181,849 shares. GRAFTON GROUP PLC UT has a 12 month low of GBX 435.00 and a 12 month high of GBX 793.50. The company’s 50-day moving average is GBX 743.39 and its 200 day moving average is GBX 729.63. The firm’s market cap is GBX 1.80 billion.

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In other news, insider David Arnold purchased 457 shares of the business’s stock in a transaction dated Tuesday, March 14th. The stock was acquired at an average price of GBX 656 ($8.47) per share, with a total value of £2,997.92 ($3,869.78).

GRAFTON GROUP PLC UT (1 ORD, 1 C Company Profile

Grafton Group plc operates in the merchanting, do-it-yourself (DIY) retailing and mortar manufacturing markets in Britain, Ireland and Belgium. It operates in three segments: Merchanting, Retailing and Manufacturing. The Merchanting segment is engaged in the distribution of building and plumbing materials primarily to people engaged in residential repair, maintenance and improvement projects and also in residential and other new build construction from a network of 539 branches in Britain, Ireland and Belgium.

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