Greencore Group plc Receives “Hold” Rating from Numis Securities Ltd (GNC)
Greencore Group plc (LON:GNC)‘s stock had its “hold” rating reiterated by stock analysts at Numis Securities Ltd in a report issued on Wednesday, StockRatingsNetwork reports. They currently have a GBX 250 ($4.12) price objective on the stock. Numis Securities Ltd’s target price indicates a potential upside of 1.63% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Goodbody Stockbrokers Ltd downgraded shares of Greencore Group plc to a “hold” rating in a research note to investors on Tuesday. They now have a GBX 242 ($3.99) price target on the stock. Separately, analysts at Panmure Gordon reiterated a “hold” rating on shares of Greencore Group plc in a research note to investors on Tuesday. They now have a GBX 215 ($3.54) price target on the stock. Finally, analysts at Investec reiterated an “add” rating on shares of Greencore Group plc in a research note to investors on Tuesday. They now have a GBX 240 ($3.95) price target on the stock, up previously from GBX 225 ($3.71). Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Greencore Group plc currently has an average rating of “Hold” and a consensus target price of GBX 244.40 ($4.03).
Shares of Greencore Group plc (LON:GNC) opened at 242.20 on Wednesday. Greencore Group plc has a 52 week low of GBX 79.35 and a 52 week high of GBX 258.00. The stock has a 50-day moving average of GBX 223.2 and a 200-day moving average of GBX 177.7. The company’s market cap is £958.3 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.