Grafton Group’s (GFTU) “Buy” Rating Reaffirmed at Berenberg Bank

Berenberg Bank restated their buy rating on shares of Grafton Group (LON:GFTU) in a report published on Monday,Digital Look reports. The firm currently has a GBX 1,100 ($14.24) price target on the stock.

Grafton Group Stock Performance

GFTU stock traded down GBX 2.90 ($0.04) during midday trading on Monday, hitting GBX 857.40 ($11.10). 505,304 shares of the company traded hands, compared to its average volume of 1,183,500. The business has a 50 day simple moving average of GBX 892.72 and a 200-day simple moving average of GBX 966.91. The company has a quick ratio of 1.56, a current ratio of 2.21 and a debt-to-equity ratio of 37.66. Grafton Group has a twelve month low of GBX 791.50 ($10.25) and a twelve month high of GBX 1,097 ($14.20). The stock has a market capitalization of £1.69 billion, a price-to-earnings ratio of 13.15, a price-to-earnings-growth ratio of 1.58 and a beta of 1.60.

Grafton Group Company Profile

Grafton Group plc engages in the distribution, retailing, and manufacturing businesses in Ireland, the Netherlands, Finland, and the United Kingdom. Its Distribution segment distributes building materials, paint, tools, ironmongery, fixings, and accessories, workwear and PPE, and spare parts; materials and plant for mechanical services, heating, plumbing, and air movement; and trade, DIY, and self-build markets with building materials, timber, doors and floors, plumbing and heating, bathrooms, and landscaping products under the Selco, Leyland SDM, Chadwicks, MacBlair, Isero, Polvo, Gunters en Meuser, TG Lynes, and IKH brands.