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The latest announcement is out from Grainger ( (GB:GRI) ).
Grainger plc disclosed that Group Chief Financial Officer and executive director Rob Hudson has exercised a 2022 deferred bonus share plan (DBSP) nil‑cost option over 54,726 ordinary shares, selling 25,820 shares at an average price of £1.81 to cover income tax and national insurance liabilities and retaining the remaining shares. Following the exercise and a transfer of 28,906 shares to his civil partner and person closely associated, Robert Driscoll, Hudson’s total beneficial holding in Grainger has increased to 289,483 shares (including holdings in the company’s Share Incentive Plan and those held by his PCA), a routine management transaction that signals continued equity alignment of senior management with shareholders while complying with UK Market Abuse Regulation disclosure requirements.
The most recent analyst rating on (GB:GRI) stock is a Hold with a £2.10 price target. To see the full list of analyst forecasts on Grainger stock, see the GB:GRI Stock Forecast page.
Spark’s Take on GB:GRI Stock
According to Spark, TipRanks’ AI Analyst, GB:GRI is a Neutral.
Grainger’s overall stock score reflects a mixed financial performance with strong profitability but declining revenue and cash flow. The technical analysis indicates bearish momentum, but the stock’s attractive valuation and positive earnings call outlook provide a counterbalance. The company’s strategic growth plans and REIT conversion are significant positives.
To see Spark’s full report on GB:GRI stock, click here.
More about Grainger
Grainger plc is a UK-listed company whose equity is represented by ordinary shares of 5 pence each trading on the London Stock Exchange, with executive directors participating in share-based incentive plans such as deferred bonus share plan (DBSP) awards and share incentive plans administered by trustees.
Average Trading Volume: 2,308,854
Technical Sentiment Signal: Sell
Current Market Cap: £1.33B
For a thorough assessment of GRI stock, go to TipRanks’ Stock Analysis page.