Grainger (LON:GRI) Receives Buy Rating from Deutsche Bank Aktiengesellschaft

Grainger (LON:GRI)‘s stock had its “buy” rating reaffirmed by stock analysts at Deutsche Bank Aktiengesellschaft in a note issued to investors on Friday,Digital Look reports. They presently have a GBX 336 ($4.23) price target on the stock. Deutsche Bank Aktiengesellschaft’s price target would suggest a potential upside of 42.98% from the stock’s current price.

Grainger Trading Up 1.1 %

Shares of LON:GRI traded up GBX 2.50 ($0.03) during mid-day trading on Friday, hitting GBX 235 ($2.96). The stock had a trading volume of 731,194 shares, compared to its average volume of 1,606,446. Grainger has a 12-month low of GBX 218.50 ($2.75) and a 12-month high of GBX 278.80 ($3.51). The company has a debt-to-equity ratio of 84.35, a quick ratio of 0.87 and a current ratio of 3.81. The company has a market cap of £1.73 billion, a PE ratio of 8,183.33, a P/E/G ratio of 1.51 and a beta of 0.71. The company’s 50 day moving average is GBX 235.92 and its 200-day moving average is GBX 241.57.

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.