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Grafton Group plc 22.3% Potential Upside Indicated by Berenberg

Grafton Group plc using EPIC/TICKER code (LON:GFTU) has had its stock rating noted as ‘Retains’ with the recommendation being set at ‘BUY’ this morning by analysts at Berenberg. Grafton Group plc are listed in the Industrials sector within International Main Market. Berenberg have set a target price of 910 GBX on its stock. This would imply the analyst believes there is now a potential upside of 22.3% from today’s opening price of 744 GBX. Over the last 30 and 90 trading days the company share price has increased 101 points and increased 58 points respectively. The 52 week high for the share price is currently at 845.5 GBX while the 52 week low for the stock is 626.5 GBX.

Grafton Group plc has a 50 day moving average of 707.78 GBX and a 200 Day Moving Average share price is recorded at 757.71. There are currently 237,765,821 shares in issue with the average daily volume traded being 697,122. Market capitalisation for LON:GFTU is £1,773,732,868 GBP.