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W.W. Grainger (NYSE:GWW) target price raised to $146.00, issued a report today by RBC Capital Markets

W.W. Grainger (NYSE:GWW) had its target price raised to $146.00 by RBC Capital Markets in a report released Wednesday October 18, 2017. The new target price indicates a possible downside of -0.30% based on the company's last stock close price.

Yesterday W.W. Grainger (NYSE:GWW) traded 12.65% higher at $208.89. The company’s 50-day moving average is $172.05 and its 200-day moving average is $179.51. The last stock close price is up 14.43% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time. 6,078,266 shares of the stock were exchanged, up from an average trading volume of 904,062

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W.W. Grainger (NYSE:GWW)

W.W. Grainger has a 52 week low of $155.00 and a 52 week high of $262.71 with a P/E ratio of 23.68 The company’s market cap is currently $0.

In addition to RBC Capital Markets reporting its target price, a total of 15 firms have issued a report on the stock. The consensus target price is $219.40 with two equity analysts rating the company a strong buy, four equity analysts rating the company a buy, thirteen equity analysts rating the company a hold, five equity analysts rating the company a underperform, and lastly zero equity analysts rating the company a sell.

More About W.W. Grainger (NYSE:GWW)

W.W. Grainger, Inc. (Grainger) is a distributor of maintenance, repair and operating (MRO) supplies and other related products and services. The Company offers its products and services to businesses and institutions in the United States and Canada, with presence also in Europe, Asia and Latin America. The Company operates through two segments, which include the United States and Canada. The Company's business support functions provide coordination and guidance in the areas of accounting and finance, business development, communications and investor relations, compensation and benefits, information systems, health and safety, global supply chain functions, human resources, risk management, internal audit, legal, real estate, security, tax and treasury. The Company's other businesses also include Zoro Tools, Inc. (Zoro), the single channel online business in the United States, MonotaRO Co. (MonotaRO) in Japan, and operations in Europe, Asia and Latin America.

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