Insider Buying: Grainger PLC (GRI) Insider Purchases £299.04 in Stock

Grainger PLC (LON:GRI) insider Vanessa Simms acquired 112 shares of the business’s stock in a transaction dated Tuesday, October 3rd. The stock was acquired at an average price of GBX 267 ($3.54) per share, for a total transaction of £299.04 ($396.66).

Shares of Grainger PLC (LON:GRI) opened at 270.90 on Monday. The company’s 50-day moving average is GBX 258.01 and its 200 day moving average is GBX 258.20. Grainger PLC has a 52-week low of GBX 214.30 and a 52-week high of GBX 271.70. The firm’s market cap is GBX 1.13 billion.

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A number of analysts have recently weighed in on the stock. Peel Hunt reiterated a “buy” rating and issued a GBX 300 ($3.98) price objective on shares of Grainger PLC in a research note on Monday, July 24th. N+1 Singer reiterated a “buy” rating and issued a GBX 320 ($4.24) price objective on shares of Grainger PLC in a research note on Wednesday, September 27th. Finally, Numis Securities Ltd reiterated a “buy” rating and issued a GBX 300 ($3.98) price objective on shares of Grainger PLC in a research note on Wednesday, September 27th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Grainger PLC currently has a consensus rating of “Buy” and an average price target of GBX 294.17 ($3.90).

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.

Shares of Grainger PLC (LON:GRI) opened at 270.90 on Monday. The company’s 50-day moving average is GBX 258.01 and its 200 day moving average is GBX 258.20. Grainger PLC has a 52-week low of GBX 214.30 and a 52-week high of GBX 271.70. The firm’s market cap is GBX 1.13 billion.

ILLEGAL ACTIVITY NOTICE: This piece was posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this piece on another domain, it was illegally copied and reposted in violation of international trademark and copyright laws. The original version of this piece can be viewed at https://ledgergazette.com/2017/10/09/insider-buying-grainger-plc-gri-insider-purchases-299-04-in-stock.html.

A number of analysts have recently weighed in on the stock. Peel Hunt reiterated a “buy” rating and issued a GBX 300 ($3.98) price objective on shares of Grainger PLC in a research note on Monday, July 24th. N+1 Singer reiterated a “buy” rating and issued a GBX 320 ($4.24) price objective on shares of Grainger PLC in a research note on Wednesday, September 27th. Finally, Numis Securities Ltd reiterated a “buy” rating and issued a GBX 300 ($3.98) price objective on shares of Grainger PLC in a research note on Wednesday, September 27th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Grainger PLC currently has a consensus rating of “Buy” and an average price target of GBX 294.17 ($3.90).

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.

Insider Buying and Selling by Quarter for Grainger PLC (LON:GRI)

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