Grainger plc (LON:GRI - Get Free Report)'s share price reached a new 52-week low on Friday . The stock traded as low as GBX 216.50 ($2.72) and last traded at GBX 223.50 ($2.81), with a volume of 3238572 shares changing hands. The stock had previously closed at GBX 221.50 ($2.78).
Wall Street Analyst Weigh In
A number of research analysts recently issued reports on GRI shares. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a GBX 336 ($4.22) price target on shares of Grainger in a research note on Friday, November 22nd. Berenberg Bank reissued a "buy" rating and issued a GBX 299 ($3.76) price objective on shares of Grainger in a report on Friday, November 29th.
View Our Latest Report on GRI
Grainger Stock Up 0.9 %
The firm has a market capitalization of £1.65 billion, a PE ratio of 8,183.33, a PEG ratio of 1.51 and a beta of 0.71. The business's fifty day moving average price is GBX 231.51 and its 200 day moving average price is GBX 237.66. The company has a quick ratio of 0.87, a current ratio of 3.81 and a debt-to-equity ratio of 84.35.
Grainger Increases Dividend
The business also recently declared a dividend, which will be paid on Friday, February 21st. Investors of record on Thursday, January 16th will be given a GBX 5.01 ($0.06) dividend. This represents a yield of 2.26%. The ex-dividend date is Thursday, January 16th. This is a boost from Grainger's previous dividend of $2.54.
Grainger Company Profile
(
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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.
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