Grainger plc Supports Renters’ Rights Bill for Improved Housing Standards

Grainger ( (GB:GRI) ) has provided an announcement.

Grainger plc has expressed support for the Renters’ Rights Bill, which has passed the House of Commons and is expected to be implemented in 2026. The bill aims to improve standards in the private rented sector by abolishing no-fault evictions and maintaining open market rent alignment, which Grainger believes will enhance security for renters and stability for investors. The company is prepared to implement these changes immediately if needed, aligning with its strategy of providing high-quality rental homes and engaging with policymakers to ensure the reforms benefit both renters and investors.

The most recent analyst rating on (GB:GRI) stock is a Buy with a £223.00 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 technical indicators contribute positively to its stock score. While financial performance shows solid growth and efficiency, high leverage and declining free cash flow are concerns. The absence of earnings call and corporate events data limits additional insights.

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

More about Grainger

Grainger plc is the UK’s largest listed residential landlord and a market leader in the UK private rented sector. The company focuses on expanding its private rented sector portfolio through its leading build-to-rent investment and operational platform, boasting a national portfolio of over 11,000 rental homes and a pipeline of approximately 4,500 build-to-rent homes valued at £1.3 billion.

Average Trading Volume: 2,245,600

Technical Sentiment Signal: Sell

Current Market Cap: £1.44B

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