Grafton Group’s (GFTU) Buy Rating Reaffirmed at Peel Hunt

Peel Hunt reiterated their buy rating on shares of Grafton Group (LON:GFTU) in a research report sent to investors on Thursday morning, Marketbeat reports. Peel Hunt currently has a GBX 1,130 target price on the stock.

A number of other equities research analysts have also recently weighed in on the company. Royal Bank Of Canada dropped their price target on Grafton Group from GBX 1,220 to GBX 1,190 and set an “outperform” rating for the company in a report on Friday, October 31st. Berenberg Bank restated a “buy” rating and set a GBX 1,100 target price on shares of Grafton Group in a report on Thursday, September 4th. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Grafton Group currently has a consensus rating of “Buy” and an average target price of GBX 1,140.

Grafton Group Trading Down 1.5%

LON GFTU opened at GBX 913.70 on Thursday. The stock has a market capitalization of £2.12 billion, a price-to-earnings ratio of 9.98, a PEG ratio of 1.58 and a beta of 1.60. The business’s fifty day moving average is GBX 921.79 and its 200-day moving average is GBX 938.56. The company has a debt-to-equity ratio of 37.66, a current ratio of 2.21 and a quick ratio of 1.56. Grafton Group has a one year low of GBX 790.90 and a one year high of GBX 1,035.60.

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.