Shares of GRAFTON GROUP PLC UT (1 ORD, 1 C (LON:GFTU) have been given an average recommendation of “Hold” by the eight research firms that are presently covering the stock, Marketbeat.com reports. Six investment analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is GBX 808.43 ($10.88).
GFTU has been the subject of a number of research analyst reports. Barclays initiated coverage on shares of GRAFTON GROUP PLC UT (1 ORD, 1 C in a report on Monday, November 27th. They issued an “overweight” rating and a GBX 814 ($10.96) price target for the company. Peel Hunt reaffirmed a “hold” rating and issued a GBX 780 ($10.50) price target on shares of GRAFTON GROUP PLC UT (1 ORD, 1 C in a report on Thursday, November 9th. Liberum Capital reaffirmed a “hold” rating and issued a GBX 770 ($10.36) price target on shares of GRAFTON GROUP PLC UT (1 ORD, 1 C in a report on Thursday, August 31st. Jefferies Group raised their price target on shares of GRAFTON GROUP PLC UT (1 ORD, 1 C from GBX 770 ($10.36) to GBX 810 ($10.90) and gave the stock a “hold” rating in a report on Tuesday, September 12th. Finally, Numis Securities cut shares of GRAFTON GROUP PLC UT (1 ORD, 1 C to an “add” rating and set a GBX 850 ($11.44) price target for the company. in a report on Thursday, August 31st.
GRAFTON GROUP PLC UT (LON GFTU) traded up GBX 6.50 ($0.09) during midday trading on Thursday, hitting GBX 768.50 ($10.34). 304,302 shares of the company’s stock were exchanged, compared to its average volume of 405,079. GRAFTON GROUP PLC UT has a fifty-two week low of GBX 517 ($6.96) and a fifty-two week high of GBX 851 ($11.45).
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About GRAFTON GROUP PLC UT (1 ORD, 1 C
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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