Analyst Price Target is GBX 317.50
▲ +55.64% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Grainger in the last 3 months. The average price target is GBX 317.50, with a high forecast of GBX 336 and a low forecast of GBX 299. The average price target represents a 55.64% upside from the last price of GBX 204.
Current Consensus is
Buy
The current consensus among 2 polled investment analysts is to buy stock in Grainger. This rating has held steady since June 2023, when it changed from a Moderate Buy consensus rating.
Founded in Newcastle upon Tyne in 1912, Grainger plc, a FTSE 250 business, is the UK’s largest listed residential landlord and leader in the fast-growing build-to-rent sector, providing c.11,100 rental homes to over 20,000 customers. With a pipeline of secured build-to-rent development projects totalling c.5,000 homes and £1.5bn, Grainger is creating thousands more rental homes by investing in cities across the UK.
Grainger works in partnership with a large number of public sector organisations to deliver new homes to local communities, including Transport for London, Network Rail, the Ministry of Defence, Lewisham Borough Council and the Local Pensions Partnership.
The Grainger team is dedicated to the common purpose of Renting Homes, Enriching Lives, backed by a set of core values. All Grainger’s build-to-rent developments provide a range of customer benefits and added value, from professional on-site resident services teams, resident amenities including gyms, residents’ lounges, roof terraces, meeting rooms and co-working space for those working from home, and superfast 250MB fibre optic broadband.
Grainger also takes a leading approach to sustainability, specifically Environmental and Social issues (ESG) and has an ambitious target to be net zero carbon in the operations of its buildings by 2030, to have a diverse and inclusive workforce and to make a positive social impact in locations where it invests and operates.
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