Grainger PLC 11% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings
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Grainger PLC using EPIC/TICKER code (LON:GRI) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ today by analysts at JP Morgan Cazenove. Grainger PLC are listed in the Financials sector within UK Main Market. JP Morgan Cazenove have set their target price at 330 GBX on its stock. This indicates the analyst now believes there is a potential upside of 11.0% from the opening price of 297.2 GBX. Over the last 30 and 90 trading days the company share price has decreased 1.6 points and increased 31 points respectively. The 52 week high for the share price is currently at 318 GBX while the 52 week low for the share price is 213.69 GBX.

Grainger PLC has a 50 day moving average of 291.79 GBX and a 200 Day Moving Average share price is recorded at 259.71. There are currently 612,288,717 shares in issue with the average daily volume traded being 1,772,886. Market capitalisation for LON:GRI is £1,845,536,068 GBP.

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