Morgan Stanley (NYSE:MS) analyst Joshua Pokrzywinski maintained a Hold rating on W.W. Grainger on Monday, setting a price target of $427, which is approximately 6.32% above the present share price of $401.62.
Pokrzywinski expects W.W. Grainger to post earnings per share (EPS) of $3.14 for the second quarter of 2021.
The current consensus among 9 TipRanks analysts is for a Moderate Buy rating of shares in WW Grainger (NYSE:GWW), with an average price target of $421.11.
The analysts price targets range from a high of $460 to a low of $324.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $2.94 billion and a net profit of $275 million. The company's market cap is $21.02 billion.
According to TipRanks.com, Morgan Stanley analyst Joshua Pokrzywinski is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 11.2% and a 62.15% success rate.
W.W. Grainger, Inc. operates as a supplier of maintenance, repair and operating products (MRO), with operations also in Europe, Asia and Latin America. It operates through two segments: United States and Canada. The United States segment offers a selection of MRO products and services through its eCommerce platforms, catalogs, branches and sales and service representatives. The Canada segment provides a combination of product breadth, local availability, speed of delivery, detailed product information and competitively priced products and services. The company was founded by William Wallace Grainger in 1927 and is headquartered in Lake Forest, IL.