Shore Capital Stockbrokers Reiterates Hold Rating for Greencore Group plc (GNC)
Greencore Group plc (LON:GNC)‘s stock had its “hold” rating reaffirmed by research analysts at Shore Capital Stockbrokers in a report released on Monday, AnalystRatingsNetwork reports.
GNC has been the subject of a number of other recent research reports. Analysts at Panmure Gordon reiterated a “buy” rating on shares of Greencore Group plc (LON:GNC) in a research note to investors on Wednesday, September 18th. They now have a GBX 165 ($2.64) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Greencore Group plc (LON:GNC) in a research note to investors on Thursday, August 1st. They now have a GBX 135 ($2.16) price target on the stock. Finally, analysts at Davy Research reiterated an “outperform” rating on shares of Greencore Group plc (LON:GNC) in a research note to investors on Wednesday, July 31st.
Two analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of GBX 155.33 ($2.49).
Shares of Greencore Group plc (LON:GNC) opened at 138.60 on Monday. Greencore Group plc has a 52-week low of GBX 77.44 and a 52-week high of GBX 156.00. The stock’s 50-day moving average is GBX 148.8 and its 200-day moving average is GBX 128.0. The company’s market cap is £542.7 million.
Greencore Group plc is Ireland-based international manufacturer of convenience foods. The Company is a producer of convenience foods with market leadership positions in the UK convenience food market across sandwiches, chilled prepared meals, chilled soups and sauces, cooking sauces and pickles, cakes and desserts and Yorkshire puddings and has an extending presence outside the UK with a fast-growing convenience food business in the US.
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