Grafton Group’s (GFTU) Buy Rating Reiterated at Berenberg Bank

Berenberg Bank reissued their buy rating on shares of Grafton Group (LON:GFTU) in a research report sent to investors on Monday, MarketBeat.com reports. Berenberg Bank currently has a GBX 1,100 ($14.27) price target on the stock.

Grafton Group Stock Performance

Shares of Grafton Group stock opened at GBX 865.60 ($11.23) on Monday. The business has a 50-day moving average of GBX 892.72 and a 200 day moving average of GBX 966.91. Grafton Group has a 12 month low of GBX 791.50 ($10.26) and a 12 month high of GBX 1,097 ($14.23). The stock has a market capitalization of £1.70 billion, a price-to-earnings ratio of 13.27, a price-to-earnings-growth ratio of 1.58 and a beta of 1.60. The company has a debt-to-equity ratio of 37.66, a current ratio of 2.21 and a quick ratio of 1.56.

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.