Grainger's (GRI) "Buy" Rating Reiterated at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reissued their buy rating on shares of Grainger (LON:GRI - Free Report) in a report published on Friday, MarketBeat Ratings reports. The firm currently has a GBX 336 ($4.21) price target on the stock.

Grainger Trading Up 1.1 %

LON GRI traded up GBX 2.50 ($0.03) during trading on Friday, hitting GBX 235 ($2.95). The company had a trading volume of 831,959 shares, compared to its average volume of 1,607,085. 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 current ratio of 3.81, a quick ratio of 0.87 and a debt-to-equity ratio of 84.35. The company's fifty day moving average is GBX 235.78 and its 200-day moving average is GBX 241.14. The company has a market cap of £1.73 billion, a price-to-earnings ratio of 8,183.33, a price-to-earnings-growth ratio of 1.51 and a beta of 0.71.

Grainger Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, February 21st. Stockholders of record on Thursday, January 16th will be issued a dividend of GBX 5.01 ($0.06) per share. This represents a dividend yield of 2.26%. This is a boost from Grainger's previous dividend of $2.54. The ex-dividend date of this dividend is Thursday, January 16th.

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.