Grafton Group (OTCMKTS:GROUF) Lifted to Buy at Zacks Investment Research

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Zacks Investment Research upgraded shares of Grafton Group (OTCMKTS:GROUF) from a hold rating to a buy rating in a report issued on Monday, reports. They currently have $14.00 price objective 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. “

Separately, Peel Hunt upgraded shares of Grafton Group to a buy rating in a report on Wednesday, November 18th.

Shares of OTCMKTS:GROUF opened at $12.35 on Monday. Grafton Group has a 1 year low of $4.38 and a 1 year high of $12.45. The firm has a fifty day moving average price of $10.63 and a 200 day moving average price of $9.69.

Grafton Group Company Profile

Grafton Group plc engages in the merchanting, retailing, and mortar manufacturing businesses in Ireland, the Netherlands, and the United Kingdom. Its Merchanting segment distributes building and plumbing materials to professional trades people engaged in residential repair, maintenance, and improvement projects, as well as in residential and other new build construction.

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