GRAFTON GROUP UT(1 (GROUF) Upgraded by Zacks Investment Research to “Buy”

Zacks Investment Research upgraded shares of GRAFTON GROUP UT(1 (NASDAQ:GROUF) from a hold rating to a buy rating in a research note issued to investors on Wednesday. Zacks Investment Research currently has $10.00 target price on the stock.

According to Zacks, “Grafton Group plc manufactures and retails building supplies. The Company operates the Plumbase, Buildbase, Jackson, MacNaughton Blair, Chadwicks and Woodies retail chains as well as produces dry mortar. It operates primarily in Britain, Ireland, the Netherlands and Belgium. Grafton Group plc is headquartered in Dublin, Ireland. “

Shares of GRAFTON GROUP U (NASDAQ GROUF) traded up 7.30% during trading on Wednesday, hitting $10.00. The stock had a trading volume of 1,000 shares. GRAFTON GROUP U has a 52 week low of $6.87 and a 52 week high of $10.65. The stock’s 50 day moving average is $9.96 and its 200 day moving average is $8.88. The stock has a market capitalization of $2.36 billion and a price-to-earnings ratio of 17.79.

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