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Grainger ( (GB:GRI) ) just unveiled an announcement.
Grainger plc, a prominent entity in the real estate sector, has announced a significant transaction involving one of its Non-Executive Directors. Michael Brodtman, a Non-Executive Director at Grainger, has purchased 16,129 ordinary shares of the company at a price of £1.86 per share on the London Stock Exchange. This transaction, disclosed in compliance with the EU Market Abuse Regulation, underscores the director’s confidence in the company’s prospects and may influence stakeholder perception positively.
The most recent analyst rating on (GB:GRI) stock is a Buy with a £2.98 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 Outperform.
Grainger’s strong valuation and solid financial performance are the primary drivers of its stock score. While technical indicators show stability, high leverage and declining free cash flow present potential risks.
To see Spark’s full report on GB:GRI stock, click here.
More about Grainger
Average Trading Volume: 2,318,962
Technical Sentiment Signal: Sell
Current Market Cap: £1.37B
For a thorough assessment of GRI stock, go to TipRanks’ Stock Analysis page.