Home » Reports » Grainger PLC 27% Potential Upside Indicated by JP Morgan Cazenove

Grainger PLC 27% Potential Upside Indicated by JP Morgan Cazenove

Grainger PLC using EPIC/TICKER code (LON:GRI) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ this morning by analysts at JP Morgan Cazenove. Grainger PLC are listed in the Financials sector within UK Main Market. JP Morgan Cazenove have set a target price of 320 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 27.0% from the opening price of 252 GBX. Over the last 30 and 90 trading days the company share price has decreased 25.8 points and decreased 49.4 points respectively. The 1 year high share price is 341.8 GBX while the year low share price is currently 189.76 GBX.

Grainger PLC has a 50 day moving average of 290.91 GBX and a 200 day moving average of 271.75. There are currently 2,413,241,827 shares in issue with the average daily volume traded being 2,717,556. Market capitalisation for LON:GRI is £1,735,341,338 GBP.

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