Grafton Group (GFTU) Stock Rating Reaffirmed by Liberum Capital

Grafton Group (LON:GFTU)‘s stock had its “hold” rating restated by equities researchers at Liberum Capital in a research report issued on Tuesday, April 2nd, ThisIsMoney.Co.Uk reports.

A number of other equities research analysts have also issued reports on GFTU. Canaccord Genuity raised shares of 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 report on Tuesday, January 8th. Peel Hunt reaffirmed a “hold” rating on shares of Grafton Group in a research report on Friday, January 11th. Numis Securities cut shares of Grafton Group to an “add” rating and set a GBX 850 ($11.11) target price on the stock. in a research report on Thursday, February 28th. Finally, Berenberg Bank decreased their target price on shares of Grafton Group from GBX 960 ($12.54) to GBX 910 ($11.89) and set a “buy” rating on the stock in a research report on Monday, January 28th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of GBX 854 ($11.16).

LON GFTU traded down GBX 7.50 ($0.10) on Tuesday, hitting GBX 892 ($11.66). The company had a trading volume of 443,406 shares, compared to its average volume of 524,986. The firm has a market cap of $2.12 billion and a PE ratio of 14.14. 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 has a 12-month low of GBX 626.50 ($8.19) and a 12-month high of GBX 908.50 ($11.87).

About Grafton Group

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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Analyst Recommendations for Grafton Group (LON:GFTU)

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