Justin Read Acquires 6,500 Shares of Grainger Plc (GRI) Stock

Grainger Plc (LON:GRI) insider Justin Read bought 6,500 shares of the business’s stock in a transaction that occurred on Monday, December 4th. The stock was acquired at an average cost of GBX 279 ($3.76) per share, for a total transaction of £18,135 ($24,407.81).

Shares of Grainger Plc (LON GRI) opened at GBX 278.80 ($3.75) on Tuesday. Grainger Plc has a 1-year low of GBX 214.90 ($2.89) and a 1-year high of GBX 385.25 ($5.19).

The business also recently disclosed a dividend, which will be paid on Friday, February 9th. Shareholders of record on Thursday, December 28th will be issued a GBX 3.26 ($0.04) dividend. The ex-dividend date of this dividend is Thursday, December 28th. This is a positive change from Grainger’s previous dividend of $1.60. This represents a yield of 1.18%.

GRI has been the topic of several recent analyst reports. Peel Hunt reissued a “buy” rating and issued a GBX 300 ($4.04) target price on shares of Grainger in a research note on Tuesday, August 29th. Numis Securities reissued a “buy” rating and issued a GBX 300 ($4.04) target price on shares of Grainger in a research note on Wednesday, September 27th. N+1 Singer reissued a “buy” rating and issued a GBX 320 ($4.31) target price on shares of Grainger in a research note on Wednesday, September 27th. Finally, Jefferies Group reissued a “hold” rating and issued a GBX 297 ($4.00) target price on shares of Grainger in a research note on Friday. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of GBX 301.67 ($4.06).

TRADEMARK VIOLATION NOTICE: “Justin Read Acquires 6,500 Shares of Grainger Plc (GRI) Stock” was published by Community Financial News and is owned by of Community Financial News. If you are viewing this report on another domain, it was illegally stolen and reposted in violation of U.S. & international trademark & copyright legislation. The original version of this report can be accessed at https://www.com-unik.info/2017/12/05/justin-read-acquires-6500-shares-of-grainger-plc-gri-stock.html.

Grainger Company Profile

Grainger plc is a United Kingdom-based company, which operates as a residential landlord. The Company’s segments include Residential, Development, Funds and Other. Its assets include Regulated Tenancy Portfolio, Private Rented Sector Portfolio and Development. It has a portfolio of approximately 8,610 rental homes.

Insider Buying and Selling by Quarter for Grainger (LON:GRI)

What are top analysts saying about Grainger Plc? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Grainger Plc and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit