Shares of Grafton Group plc (LON:GFTU) have earned a consensus rating of “Buy” from the six ratings firms that are presently covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is GBX 905 ($11.83).
GFTU has been the topic of several recent research reports. Numis Securities cut Grafton Group to an “add” rating and set a GBX 850 ($11.11) price target on the stock. in a research report on Thursday, February 28th. Berenberg Bank boosted their target price on Grafton Group from GBX 910 ($11.89) to GBX 950 ($12.41) and gave the stock a “buy” rating in a research report on Wednesday, April 3rd. Canaccord Genuity reiterated a “buy” rating and set a GBX 900 ($11.76) target price on shares of Grafton Group in a research report on Wednesday, May 8th. Liberum Capital reiterated a “hold” rating on shares of Grafton Group in a research report on Wednesday, May 8th. Finally, Peel Hunt reiterated a “hold” rating and set a GBX 860 ($11.24) target price on shares of Grafton Group in a research report on Monday, May 6th.
GFTU stock traded up GBX 10 ($0.13) during trading on Thursday, hitting GBX 937 ($12.24). The company had a trading volume of 294,874 shares, compared to its average volume of 524,986. The stock has a market capitalization of $2.20 billion and a PE ratio of 14.85. Grafton Group has a 1-year low of GBX 626.50 ($8.19) and a 1-year high of GBX 908.50 ($11.87). The company has a quick ratio of 1.03, a current ratio of 1.59 and a debt-to-equity ratio of 21.29.
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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