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Grainger PLC (LON:GRI) target price raised to 320.00GBX, reported today by N+1 Singer

Grainger PLC (LON:GRI) had its target price raised to 320.00GBX by N+1 Singer in a report released 09/30/2016. The new target price indicates a possible upside of 0.40% based on the company's last stock close price.

Previously on 9/6/2016, JP Morgan Cazenove reported about Grainger PLC (LON:GRI) lowered the target price from 285.00GBX to 270.00GBX. At the time, this indicated a possible upside of 0.18%.

Yesterday Grainger PLC (LON:GRI) traded -0.13% lower at 228.85GBX. The company’s 50-day moving average is 228.35GBX and its 200-day moving average is 224.68GBX. The last stock close price is up 2.37% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 1,444,695 shares of the stock were exchanged, up from an average trading volume of 824,939

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Grainger PLC (LON:GRI)

Grainger PLC has a 52 week low of 193.00GBX and a 52 week high of 253.00GBX with a P/E ratio of 14.94 The company’s market cap is currently 0 GBX.

In addition to N+1 Singer reporting its target price, a total of 7 firms have reported on the stock. The consensus target price is 270.71GBX with 3 firms rating the stock a strong buy, 1 firm rating the stock a buy, 4 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Grainger PLC (LON:GRI)

Grainger plc is a United Kingdom-based residential landlord company. The Company invests in and provides long term, purpose-built, rental homes nationwide. The Company has a portfolio of residential rental property assets worth over c. �2.6 billion. It also a co-investor in one of the United Kingdom's market-let residential investment funds, GRIP, alongside one of Europe's institutional investors, APG, the Dutch pension fund asset manager.

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