Macquarie Reaffirms Their Buy Rating on Graincorp Limited Class A (GRCLF)


Macquarie Reaffirms Their Buy Rating on Graincorp Limited Class A (GRCLF)

In a report released today, from Macquarie maintained a Buy rating on Graincorp Limited Class A, with a price target of A$9.10. The company's shares closed yesterday at $4.52.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Graincorp Limited Class A with a $5.69 average price target.

GRCLF market cap is currently $1.1B and has a P/E ratio of 22.17.

Based on the recent corporate insider activity of 10 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of GRCLF in relation to earlier this year.

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