GRAFTON GROUP PLC UT (1 ORD, 1 C (LON:GFTU) had its price target upped by investment analysts at Peel Hunt from GBX 780 ($10.50) to GBX 785 ($10.57) in a research note issued to investors on Wednesday. The firm presently has a “hold” rating on the stock. Peel Hunt’s target price would indicate a potential upside of 3.84% from the company’s current price.
Other research analysts also recently issued research reports about the stock. Numis Securities downgraded shares of GRAFTON GROUP PLC UT (1 ORD, 1 C to an “add” rating and set a GBX 850 ($11.44) price target on the stock. in a research report on Thursday, August 31st. Liberum Capital restated a “hold” rating and issued a GBX 860 ($11.57) price target on shares of GRAFTON GROUP PLC UT (1 ORD, 1 C in a research report on Thursday, November 9th. Jefferies Group boosted their price target on shares of GRAFTON GROUP PLC UT (1 ORD, 1 C from GBX 770 ($10.36) to GBX 810 ($10.90) and gave the stock a “hold” rating in a research report on Tuesday, September 12th. Finally, Barclays initiated coverage on shares of GRAFTON GROUP PLC UT (1 ORD, 1 C in a research report on Monday, November 27th. They issued an “overweight” rating and a GBX 814 ($10.96) price target on the stock. Six research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of GBX 808.43 ($10.88).
GRAFTON GROUP PLC UT (GFTU) opened at GBX 756 ($10.17) on Wednesday. GRAFTON GROUP PLC UT has a 1 year low of GBX 510 ($6.86) and a 1 year high of GBX 851 ($11.45).
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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