Greene King PT Raised to GBX 846 (GNK)
Equities research analysts at Nomura lifted their price objective on shares of Greene King (LON:GNK) from GBX 585 ($9.61) to GBX 846 ($13.90) in a research note issued to investors on Friday, American Banking News reports. The firm currently has a “neutral” rating on the stock. Nomura’s target price suggests a potential downside of 3.04% from the company’s current price.
GNK has been the subject of a number of other recent research reports. Analysts at Barclays raised their price target on shares of Greene King from GBX 735 ($12.08) to GBX 900 ($14.79) in a research note to investors on Wednesday. They now have an “equal weight” rating on the stock. Separately, analysts at JPMorgan Chase & Co. raised their price target on shares of Greene King from GBX 880 ($14.46) to GBX 960 ($15.78) in a research note to investors on Friday, January 24th. They now have a “neutral” 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 Tuesday, January 14th. Six equities research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of GBX 818.06 ($13.44).
Shares of Greene King (LON:GNK) opened at 872.5001 on Friday. Greene King has a one year low of GBX 643.00 and a one year high of GBX 933.50. The stock’s 50-day moving average is GBX 877.5 and its 200-day moving average is GBX 843.4. The company’s market cap is £1.892 billion.
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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