Grainger PLC (LON:GRI) insider Nick Jopling purchased 116 shares of the firm’s stock in a transaction on Monday, July 3rd. The shares were acquired at an average cost of GBX 260 ($3.37) per share, with a total value of £301.60 ($390.67).
Nick Jopling also recently made the following trade(s):
- On Wednesday, May 3rd, Nick Jopling purchased 120 shares of Grainger PLC stock. The shares were acquired at an average cost of GBX 250 ($3.24) per share, with a total value of £300 ($388.60).
Grainger PLC (GRI) traded up 0.08% during mid-day trading on Monday, hitting GBX 259.40. The stock had a trading volume of 359,890 shares. Grainger PLC has a 12-month low of GBX 197.40 and a 12-month high of GBX 271.10. The company has a 50-day moving average of GBX 263.47 and a 200-day moving average of GBX 250.34. The firm’s market cap is GBX 1.08 billion.
The business also recently declared a dividend, which was paid on Friday, June 30th. Stockholders of record on Thursday, June 1st were given a dividend of GBX 1.60 ($0.02) per share. The ex-dividend date was Thursday, June 1st. This represents a dividend yield of 0.62%.
A number of analysts have issued reports on the company. J P Morgan Chase & Co reaffirmed a “neutral” rating and set a GBX 260 ($3.37) price target on shares of Grainger PLC in a report on Monday, May 22nd. Jefferies Group LLC lifted their price target on Grainger PLC from GBX 266 ($3.45) to GBX 275 ($3.56) and gave the stock a “hold” rating in a report on Monday, May 22nd. Peel Hunt reaffirmed a “buy” rating and set a GBX 300 ($3.89) price target on shares of Grainger PLC in a report on Wednesday, May 17th. Numis Securities Ltd reaffirmed a “buy” rating and set a GBX 300 ($3.89) price target on shares of Grainger PLC in a report on Friday, May 19th. Finally, Barclays PLC assumed coverage on Grainger PLC in a report on Thursday, May 25th. They set an “overweight” rating and a GBX 310 ($4.02) price target for the company. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Grainger PLC currently has a consensus rating of “Buy” and a consensus target price of GBX 294.17 ($3.81).
About Grainger PLC
Grainger plc is a United Kingdom-based company, which operates as a residential landlord. The Company’s segments include Residential, Development, Funds and Other. Its assets include Regulated Tenancy Portfolio, Private Rented Sector Portfolio and Development. It has a portfolio of approximately 8,610 rental homes.
This story was originally published by WKRB News (https://www.wkrb13.com) and is the sole property of WKRB News. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at https://www.wkrb13.com/markets/2285765/grainger-plc-gri-insider-purchases-301-60-in-stock.html
Receive News & Ratings for Grainger PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grainger PLC and related companies with MarketBeat.com's FREE daily email newsletter.