Grafton Group (OTCMKTS:GROUF) Upgraded to “Hold” at Zacks Investment Research

Zacks Investment Research upgraded shares of Grafton Group (OTCMKTS:GROUF) from a sell rating to a hold rating in a research report report published on Saturday, Zacks.com reports.

According to Zacks, “Grafton Group plc manufactures and retails building supplies. The Company operates the Plumbase, Buildbase, Jackson, MacNaughton Blair, Chadwicks and Woodies retail chains as well as produces dry mortar. It operates primarily in Britain, Ireland, the Netherlands and Belgium. Grafton Group plc is headquartered in Dublin, Ireland. “

Grafton Group stock remained flat at $$9.10 during trading hours on Friday. Grafton Group has a 12-month low of $9.00 and a 12-month high of $11.20. The company’s fifty day simple moving average is $9.10 and its two-hundred day simple moving average is $9.87.

Grafton Group Company Profile

Grafton Group plc engages in the merchanting, retailing, and mortar manufacturing businesses in Belgium, Ireland, the Netherlands, and the United Kingdom. Its Merchanting segment distributes building and plumbing materials to professional trades people engaged in residential repair, maintenance, and improvement projects, as well as in residential and other new build construction.

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