Greencore Group plc’s Buy Rating Reaffirmed at Goodbody Stockbrokers Ltd (GNC)
Greencore Group plc (LON:GNC)‘s stock had its “buy” rating reaffirmed by stock analysts at Goodbody Stockbrokers Ltd in a report issued on Friday, Analyst Ratings.Net reports.
GNC has been the subject of a number of other recent research reports. Analysts at Davy Research reiterated an “outperform” rating on shares of Greencore Group plc in a research note to investors on Friday. Separately, analysts at Jefferies Group initiated coverage on shares of Greencore Group plc in a research note to investors on Tuesday. They set a “buy” rating and a GBX 275 ($4.51) price target on the stock. Finally, analysts at Panmure Gordon downgraded shares of Greencore Group plc to a “hold” rating in a research note to investors on Wednesday, January 8th. They now have a GBX 215 ($3.53) price target on the stock, up previously from GBX 210 ($3.45). Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Greencore Group plc has an average rating of “Buy” and a consensus target price of GBX 224.75 ($3.69).
Greencore Group plc (LON:GNC) traded down 3.98% on Friday, hitting GBX 241.00. 2,672,371 shares of the company’s stock traded hands. Greencore Group plc has a 52-week low of GBX 79.35 and a 52-week high of GBX 253.90. The stock’s 50-day moving average is GBX 218. and its 200-day moving average is GBX 175.0. The company’s market cap is £953.6 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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