Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

Morgan Stanley Stick to Their Hold Rating for W.W. Grainger

Published 04/12/2021, 12:25 PM
Updated 04/12/2021, 12:25 PM


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.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.