Grafton CFO Exercises Share Options

Grafton ( (GB:GFTU) ) just unveiled an update.

Grafton Group PLC announced a transaction involving its Chief Financial Officer, David Arnold, who exercised options to acquire 1,134 Grafton shares at a price of £7.93 per unit under the Employee Savings-Related Share Scheme. This transaction reflects the company’s ongoing commitment to employee investment programs, potentially enhancing stakeholder confidence in its management and financial strategies.

The most recent analyst rating on (GB:GFTU) stock is a Buy with a £11.70 price target. To see the full list of analyst forecasts on Grafton stock, see the GB:GFTU Stock Forecast page.

Spark’s Take on GB:GFTU Stock

According to Spark, TipRanks’ AI Analyst, GB:GFTU is a Outperform.

Grafton’s solid financial position and proactive corporate actions like share buybacks drive a favorable outlook. Technical trends support this view, despite challenges in profitability and cash flow management.

To see Spark’s full report on GB:GFTU stock, click here.

More about Grafton

Grafton Group PLC operates in the building materials industry, providing a range of products and services primarily focused on the construction and home improvement sectors.

Average Trading Volume: 386,299

Technical Sentiment Signal: Strong Buy

Current Market Cap: £1.98B

Learn more about GFTU stock on TipRanks’ Stock Analysis page.