Grafton Group (LON:GFTU – Get Free Report)‘s stock had its “outperform” rating reaffirmed by stock analysts at Royal Bank of Canada in a report released on Friday, Marketbeat reports. They currently have a GBX 1,140 ($14.32) target price on the stock. Royal Bank of Canada’s price target points to a potential upside of 25.27% from the company’s previous close.
Several other equities analysts have also recently issued reports on the company. Berenberg Bank boosted their price objective on Grafton Group from GBX 1,000 ($12.56) to GBX 1,100 ($13.82) and gave the company a “buy” rating in a report on Thursday, March 7th. Numis Securities reaffirmed a “buy” rating and set a GBX 1,200 ($15.07) target price on shares of Grafton Group in a report on Thursday, March 7th.
Read Our Latest Report on GFTU
Grafton Group Stock Performance
Insider Buying and Selling
In other Grafton Group news, insider David Arnold sold 11,667 shares of the stock in a transaction on Tuesday, March 19th. The shares were sold at an average price of GBX 977 ($12.27), for a total transaction of £113,986.59 ($143,181.25). In other Grafton Group news, insider David Arnold sold 11,667 shares of the stock in a transaction that occurred on Tuesday, March 19th. The stock was sold at an average price of GBX 977 ($12.27), for a total transaction of £113,986.59 ($143,181.25). Also, insider Eric Born bought 3,030 shares of the firm’s stock in a transaction dated Tuesday, April 2nd. The stock was purchased at an average price of GBX 1,027 ($12.90) per share, for a total transaction of £31,118.10 ($39,088.18). 11.38% of the stock is owned by insiders.
About Grafton Group
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.
Featured Stories
- Five stocks we like better than Grafton Group
- 3 REITs to Buy and Hold for the Long Term
- MarketBeat Week in Review – 4/29 – 5/3
- How is Compound Interest Calculated?
- Apple’s Earnings Show Investors Its Strength and Its Weakness
- Election Stocks: How Elections Affect the Stock Market
- Bargain Alert: 3 Large Caps With Extremely Oversold RSIs
Receive News & Ratings for Grafton Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grafton Group and related companies with MarketBeat.com's FREE daily email newsletter.