Zacks Investment Research Downgrades GRAFTON GROUP UT(1 (GROUF) to Hold

Zacks Investment Research lowered shares of GRAFTON GROUP UT(1 (NASDAQ:GROUF) from a buy rating to a hold rating in a research note issued to investors on Friday, September 1st.

According to Zacks, “Grafton Group plc manufactures and retails building supplies. The Company operates the Plumbase, Buildbase, Jackson, MacNaughton Blair, Chadwicks and Woodies retail chains as well as produces dry mortar. It operates primarily in Britain, Ireland, the Netherlands and Belgium. Grafton Group plc is headquartered in Dublin, Ireland. “

GRAFTON GROUP U (NASDAQ GROUF) traded up 7.30% on Friday, reaching $10.00. 1,000 shares of the company’s stock were exchanged. The firm has a 50 day moving average of $9.96 and a 200-day moving average of $8.88. GRAFTON GROUP U has a one year low of $6.87 and a one year high of $10.65. The stock has a market cap of $2.36 billion and a price-to-earnings ratio of 17.79.

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