Grainger PLC with ticker (LON:GRI) now has a potential upside of 19.4% according to Berenberg Bank.
Berenberg Bank set a target price of 390 GBX for the company, which when compared to the Grainger PLC share price of 314 GBX at opening today (25/11/2021) indicates a potential upside of 19.4%. Trading has ranged between 257 (52 week low) and 340 (52 week high) with an average of 1,032,451 shares exchanging hands daily. The market capitalisation at the time of writing is £2,329,081,741.
Grainger plc is a United Kingdom-based residential landlord that is engaged in the property business. The Company is focused on the United Kingdom’s private rental housing market with an integrated business model covering development, investment and operations. The Company’s portfolio consists of over c.8,500 rental homes in England.
Grainger PLC 19.4% potential upside indicated by Berenberg Bank
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- Written by: Anthony Fox
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Grainger plc (LON:GRI) reports double-digit rental income growth and prepares for a REIT transition, with occupancy at 97.4% as demand surges.
Grainger plc (LON:GRI) will reveal its half year financial results for the period ending 31 March 2024 on 16 May 2024.
