Grainger (LON:GRI) Earns “Buy” Rating from Deutsche Bank Aktiengesellschaft

Grainger (LON:GRI)‘s stock had its “buy” rating reaffirmed by equities researchers at Deutsche Bank Aktiengesellschaft in a report released on Friday, MarketBeat Ratings reports. They presently have a GBX 336 ($4.21) target price on the stock. Deutsche Bank Aktiengesellschaft’s target price suggests a potential upside of 42.98% from the stock’s current price.

Grainger Trading Up 1.1 %

GRI stock opened at GBX 235 ($2.95) on Friday. Grainger has a one year low of GBX 218.50 ($2.74) and a one year high of GBX 278.80 ($3.50). The company has a market capitalization of £1.73 billion, a PE ratio of 8,183.33, a price-to-earnings-growth ratio of 1.51 and a beta of 0.71. The company’s 50 day moving average price is GBX 235.78 and its two-hundred day moving average price is GBX 241.14. The company has a debt-to-equity ratio of 84.35, a quick ratio of 0.87 and a current ratio of 3.81.

Grainger Company Profile

Grainger plc, together with its subsidiaries, owns, operates, and manages private rental homes in the United Kingdom. The company was formerly known as Grainger Trust Plc and changed the name to Grainger Plc in March 2007. Grainger plc was incorporated in 1912 and is headquartered in Newcastle upon Tyne, the United Kingdom.