Grainger (LON:GRI) Earns “Buy” Rating from Deutsche Bank Aktiengesellschaft

Grainger (LON:GRI)‘s stock had its “buy” rating reaffirmed by analysts at Deutsche Bank Aktiengesellschaft in a research report issued to clients and investors on Friday, MarketBeat.com reports. They presently have a GBX 336 ($4.21) price target on the stock. Deutsche Bank Aktiengesellschaft’s target price would indicate a potential upside of 42.98% from the company’s current price.

Grainger Stock Up 1.1 %

LON GRI opened at GBX 235 ($2.95) on Friday. Grainger has a 1 year low of GBX 218.50 ($2.74) and a 1 year high of GBX 278.80 ($3.50). The stock has a market capitalization of £1.73 billion, a PE ratio of 8,183.33, a PEG ratio of 1.51 and a beta of 0.71. The company has a debt-to-equity ratio of 84.35, a current ratio of 3.81 and a quick ratio of 0.87. The business’s 50-day moving average is GBX 235.78 and its 200 day moving average is GBX 241.14.

About Grainger

Grainger plc, together with its subsidiaries, owns, operates, and manages private rental homes in the United Kingdom. The company was formerly known as Grainger Trust Plc and changed the name to Grainger Plc in March 2007. Grainger plc was incorporated in 1912 and is headquartered in Newcastle upon Tyne, the United Kingdom.