Grainger PLC 9.5% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings

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 310 GBX on its stock. This would imply the analyst believes there is now a potential upside of 9.5% from the opening price of 283.2 GBX. Over the last 30 and 90 trading days the company share price has increased 20.8 points and increased 43.4 points respectively. The 52 week high for the share price is currently at 292.6 GBX while the year low stock price is currently 204 GBX.

Grainger PLC has a 50 day moving average of 261.24 GBX and a 200 Day Moving Average share price is recorded at 250.34. There are currently 612,282,151 shares in issue with the average daily volume traded being 1,145,234. Market capitalisation for LON:GRI is £1,791,537,611 GBP.

You might also enjoy reading  Grainger agrees to acquire build-to-rent investment in Bristol for £128m

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