Grainger PLC 33.8% 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’ this morning 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 285 GBX on its stock. This indicates the analyst now believes there is a potential upside of 33.8% from the opening price of 213 GBX. Over the last 30 and 90 trading days the company share price has increased 1.8 points and decreased 52.67 points respectively. The 52 week high for the share price is currently at 292.66 GBX while the 52 week low for the share price is 204 GBX.

Grainger PLC has a 50 day moving average of 233.27 GBX and a 200 Day Moving Average share price is recorded at 266.29. There are currently 612,098,116 shares in issue with the average daily volume traded being 2,074,164. Market capitalisation for LON:GRI is £1,334,373,892 GBP.

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