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.
TRADEMARK VIOLATION NOTICE: “GRAFTON GROUP UT(1 (GROUF) Upgraded by Zacks Investment Research to “Buy”” was originally reported by Transcript Daily and is owned by of Transcript Daily. If you are accessing this article on another publication, it was illegally copied and reposted in violation of U.S. and international trademark & copyright laws. The legal version of this article can be accessed at https://transcriptdaily.com/2017/09/17/grafton-group-ut1-grouf-upgraded-by-zacks-investment-research-to-buy.html.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for GRAFTON GROUP UT(1 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GRAFTON GROUP UT(1 and related companies with MarketBeat.com's FREE daily email newsletter.