21.40% to Target, N 1 Singer Reaffirms ‘”Buy”’ Rating on Grainger (LON:GRI) Shares Today

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Grainger (LON:GRI) Rating Reaffirmed

The firm has just set a PT of GBX 295.00 on Grainger (LON:GRI) shares. This is 21.40% from the last stock close price. In analysts note finalized on 7 December, N 1 Singer reaffirmed their “Buy” rating on shares of GRI.

From a total of 8 analysts covering Grainger (LON:GRI) stock, 4 rate it a ”Buy”, 0 a “Sell”, and 4 a ”Hold”. This means that 50% of the ratings are positive. The highest target price is GBX 295 while the lowest target price is GBX 248. The mean of all analyst targets is GBX 266.75 with a 9.83% above today’s (GBX 243) stock price. Grainger was the topic of 26 analyst reports since July 21, 2015 according to the firm StockzIntelligence Inc. Jefferies maintained shares on November 30 with “Hold” rating. Peel Hunt maintained shares with “Hold” rating and GBX 250 target share price in a report from a November 19. N+1 Singer maintained GRI stock in a recent report from November 19 with “Buy” rating. N+1 Singer maintained the rating on October 28. N+1 Singer has a “Buy” rating and a GBX 295 price target on shares. Finally, Numis Securities downgraded the stock to “Add” rating in a report issued on a November 19.

The stock closed the day at GBX 243 during the previous session. It is down 13.29% since May 8, 2015 and is uptrending. It has outperformed by 14.36% the S&P500.

21.40% to Target, N 1 Singer Reaffirms ‘

Grainger plc is a United Kingdom-based, specialist residential company. The company has a market cap of 1.01 billion GBP. The Company’s business is divided into five sections: UK Residential, Retirement Solutions, Fund and Third Party Management, Development, and German Residential. It has 23.62 P/E ratio. The UK residential segment consists of a portfolio of regulated tenancies within the United Kingdom, comprising 4,000 properties.

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