Grafton Group’s (GFTU) Hold Rating Reiterated at Liberum Capital

Liberum Capital reaffirmed their hold rating on shares of Grafton Group (LON:GFTU) in a report issued on Wednesday morning, ThisIsMoney.Co.Uk reports.

A number of other analysts have also recently commented on the company. Canaccord Genuity set a $394.00 price target on Tesla and gave the stock a buy rating in a research report on Wednesday, July 3rd. Berenberg Bank restated a buy rating and issued a GBX 640 ($8.36) price target on shares of IG Design Group in a research report on Monday, April 15th. Finally, Peel Hunt restated a buy rating on shares of Lookers in a research report on Monday, July 8th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock presently has a consensus rating of Buy and an average price target of GBX 896 ($11.71).

Shares of GFTU opened at GBX 782 ($10.22) on Wednesday. The company has a debt-to-equity ratio of 21.29, a quick ratio of 1.03 and a current ratio of 1.59. The stock has a 50-day moving average of GBX 845.85. The stock has a market capitalization of $1.86 billion and a PE ratio of 12.39. Grafton Group has a 52 week low of GBX 626.50 ($8.19) and a 52 week high of GBX 938.50 ($12.26).

In other Grafton Group news, insider Gavin Slark sold 41,421 shares of the company’s stock in a transaction dated Friday, May 10th. The stock was sold at an average price of GBX 905 ($11.83), for a total value of £374,860.05 ($489,821.05).

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.

Further Reading: Can individual investors take part in an IPO?

Analyst Recommendations for Grafton Group (LON:GFTU)

Receive News & Ratings for Grafton Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grafton Group and related companies with MarketBeat.com's FREE daily email newsletter.