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Equities researchers at Numis Securities Ltd increased their price objective on shares of Greene King (LON:GNK) from GBX 925 ($15.17) to GBX 975 ($15.99) in a research report issued on Wednesday, Analyst Ratings Network.com reports. The firm currently has an “add” rating on the stock. Numis Securities Ltd’s price target would indicate a potential upside of 11.81% from the company’s current price.

Other equities research analysts have also recently issued reports about the stock. Analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Greene King in a research note to investors on Thursday, December 5th. They now have a GBX 880 ($14.43) price target on the stock. Separately, analysts at Citigroup Inc. raised their price target on shares of Greene King from GBX 900 ($14.76) to GBX 985 ($16.16) in a research note to investors on Wednesday, December 4th. They now have a “buy” rating on the stock. Finally, analysts at Beaufort Securities reiterated a “buy” rating on shares of Greene King in a research note to investors on Wednesday, December 4th. Six investment analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. Greene King presently has an average rating of “Buy” and an average target price of GBX 771.78 ($12.66).

Shares of Greene King (LON:GNK) traded up 0.63% on Wednesday, hitting GBX 877.4999. 184,857 shares of the company’s stock traded hands. Greene King has a 52-week low of GBX 620.00 and a 52-week high of GBX 901.5001. The stock’s 50-day moving average is GBX 855.8 and its 200-day moving average is GBX 833.9. The company’s market cap is £1.902 billion.

The company also recently announced a dividend, which is scheduled for Friday, January 24th. Stockholders of record on Wednesday, December 18th will be paid a dividend of GBX 7.60 ($0.12) per share. This represents a dividend yield of 0.89%. The ex-dividend date is Wednesday, December 18th.

Greene King plc is a holding company for a group whose principal activities are operating managed, tenanted and leased public houses, brewing beer, and wholesaling beers, wines, spirits and soft drinks.

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