Analysts Downgrade: W W Grainger Inc (GWW)

W W Grainger Inc (NYSE:GWW) received a stock rating downgrade from Stifel on Apr-01-16. In a note to investors, the firm issued a Hold rating. The analysts previously had a Buy rating on the stock.

The 52-week price range is $ 175.80 – 247.73 and the company has a market capitalization of $ 14.37B. Analysts covering the shares maintain a consensus Buy rating, according to Zacks Investment Research. 4 analyst has rated the stock with a sell rating, 9 has assigned a hold rating, zero says it’s a buy, and 4 have assigned a strong buy rating to the company.

W W Grainger Inc (GWW) the leading broad line supplier of maintenance, repair and operating (MRO) products serving businesses and institutions, on March 23, 2016 announced it earned the number one ranking on FORTUNE magazine’s 2016 List of World’s Most Admired Companies in the category of Wholesalers: Diversified. This marks the third consecutive year Grainger attained the top spot in this category.

“Grainger is proud to earn the top spot in our category as a Most Admired Company for the third year in a row,” said Grainger’s Chairman, President and CEO, Jim Ryan. “We are an industry leader because of our people.  It’s the relationships team members build with our customers, suppliers and each other that give us a competitive advantage. Our team members offer different skills, perspectives and experiences to help customers keep their facilities running and their people safe. In turn, Grainger is committed to creating a workplace where dedicated, talented people can thrive.”

FORTUNE’s World’s Most Admired Companies list is the definitive report card on corporate reputations. Hay Group has collaborated with FORTUNE annually since 1997 to identify, select and rank the World’s Most Admired Companies and uncover the business practices that make these companies highly regarded among their peers. To compile the rankings, corporate reputation and performance are measured against nine key attributes: innovation, people management, use of corporate assets, social responsibility, quality of management, financial soundness, long-term investment, quality of products and services, and global competitiveness.

As a leading business-to-business organization, Grainger offers millions of customers more than 1.5 million products used to maintain, repair or operate facilities. In addition, the company has expertise in key areas, including safety, inventory management and eCommerce, designed to help customers stay safe, increase productivity and decrease expenses.

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