Grafton Group (LON:GFTU) Insider Sells 2,200 Shares

Grafton Group plc (LON:GFTU) insider Eric Born sold 2,200 shares of the firm’s stock in a transaction on Tuesday, December 2nd. The shares were sold at an average price of GBX 933, for a total value of £20,526.

Grafton Group Price Performance

Grafton Group stock traded up GBX 12.09 during midday trading on Thursday, hitting GBX 931.19. The company’s stock had a trading volume of 181,206 shares, compared to its average volume of 885,050. Grafton Group plc has a 12 month low of GBX 790.90 and a 12 month high of GBX 1,035.60. The company has a market capitalization of £2.16 billion, a PE ratio of 10.17, a price-to-earnings-growth ratio of 1.58 and a beta of 1.60. The stock’s 50-day moving average price is GBX 928.92 and its 200-day moving average price is GBX 934.44. The company has a quick ratio of 1.56, a current ratio of 2.21 and a debt-to-equity ratio of 37.66.

Analysts Set New Price Targets

Several research analysts have recently commented on GFTU shares. Royal Bank Of Canada dropped their price target on shares of Grafton Group from GBX 1,220 to GBX 1,190 and set an “outperform” rating on the stock in a research note on Friday, October 31st. Berenberg Bank restated a “buy” rating and issued a GBX 1,100 price target on shares of Grafton Group in a research report on Thursday, September 4th. Finally, Peel Hunt reissued a “buy” rating and issued a GBX 1,130 price target on shares of Grafton Group in a report on Thursday, November 13th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Grafton Group has an average rating of “Buy” and an average target price of GBX 1,140.

Grafton Group Company Profile

Grafton Group plc engages in the distribution, retailing, and manufacturing businesses in Ireland, the Netherlands, Finland, and the United Kingdom. Its Distribution segment distributes building materials, paint, tools, ironmongery, fixings, and accessories, workwear and PPE, and spare parts; materials and plant for mechanical services, heating, plumbing, and air movement; and trade, DIY, and self-build markets with building materials, timber, doors and floors, plumbing and heating, bathrooms, and landscaping products under the Selco, Leyland SDM, Chadwicks, MacBlair, Isero, Polvo, Gunters en Meuser, TG Lynes, and IKH brands.