Berenberg Bank Remains a Buy on Grafton (GFTU)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 16 2025
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Source: Business Insider
Analyst Ratings: Harry Goad from Berenberg Bank maintains a Buy rating on Grafton (GFTU) with a price target of £1,100.00, while Citi also supports a Buy rating with a slightly lower target of £1,170.00, indicating a strong analyst consensus for the stock.
Company Overview: Grafton Group PLC is a distributor of building materials primarily serving the home building and improvement sectors across Europe, with significant revenue generated from its Merchanting segment in the U.K., Ireland, Belgium, and the Netherlands.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
