Grafton Group plc (LON:GFTU) has earned a consensus recommendation of “Buy” from the six analysts that are currently covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is GBX 827 ($10.81).
A number of research analysts have recently issued reports on GFTU shares. Canaccord Genuity raised Grafton Group to a “buy” rating and dropped their price objective for the company from GBX 875 ($11.43) to GBX 810 ($10.58) in a research note on Tuesday, January 8th. Peel Hunt reissued a “hold” rating on shares of Grafton Group in a research note on Friday, January 11th. Liberum Capital reissued a “hold” rating on shares of Grafton Group in a research note on Friday, January 11th. Numis Securities lowered Grafton Group to an “add” rating and set a GBX 850 ($11.11) price target on the stock. in a research note on Thursday, February 28th. Finally, Berenberg Bank dropped their price target on Grafton Group from GBX 960 ($12.54) to GBX 910 ($11.89) and set a “buy” rating on the stock in a research note on Monday, January 28th.
Shares of LON GFTU opened at GBX 809.50 ($10.58) on Wednesday. The company has a market capitalization of $1.92 billion and a PE ratio of 12.83. Grafton Group has a 52-week low of GBX 626.50 ($8.19) and a 52-week high of GBX 858 ($11.21). The company has a debt-to-equity ratio of 21.29, a quick ratio of 1.03 and a current ratio of 1.59.
Grafton Group Company Profile
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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