Grafton Group’s (GFTU) Hold Rating Reiterated at Peel Hunt

Peel Hunt reaffirmed their hold rating on shares of Grafton Group (LON:GFTU) in a research report released on Monday, ThisIsMoney.Co.Uk reports.

Several other brokerages also recently weighed in on GFTU. Berenberg Bank restated a buy rating and set a GBX 640 ($8.36) price objective on shares of IG Design Group in a research report on Monday, April 15th. Canaccord Genuity set a $394.00 target price on Tesla and gave the company a buy rating in a research report on Wednesday, July 3rd. Finally, Liberum Capital reiterated a hold rating on shares of Daily Mail and General Trust P L C in a research report on Tuesday, July 2nd. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Grafton Group currently has a consensus rating of Buy and a consensus target price of GBX 896 ($11.71).

Shares of GFTU stock opened at GBX 748.50 ($9.78) on Monday. The company has a current ratio of 1.59, a quick ratio of 1.03 and a debt-to-equity ratio of 21.29. Grafton Group has a twelve month low of GBX 626.50 ($8.19) and a twelve month high of GBX 938.50 ($12.26). The company has a market cap of $1.80 billion and a P/E ratio of 11.86. The stock’s fifty day simple moving average is GBX 847.75.

In other Grafton Group news, insider Gavin Slark sold 41,421 shares of the 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.

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Analyst Recommendations for Grafton Group (LON:GFTU)

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