Greene King plc PT Raised to GBX 1,046 (GNK)
Deutsche Bank boosted their price objective on shares of Greene King plc (LON:GNK) from GBX 890 ($14.95) to GBX 1,046 ($17.57) in a research note issued on Monday, Analyst Ratings Network.com reports. The firm currently has a “buy” rating on the stock. Deutsche Bank’s target price points to a potential upside of 17.79% from the stock’s previous close.
Shares of Greene King plc (LON:GNK) opened at 906.0001 on Monday. Greene King plc has a 52-week low of GBX 700.00 and a 52-week high of GBX 933.50. The stock has a 50-day moving average of GBX 898.8 and a 200-day moving average of GBX 868.0. The company’s market cap is £1.964 billion.
Several other analysts have also recently commented on the stock. Analysts at Numis Securities Ltd reiterated an “add” rating on shares of Greene King plc in a research note on Wednesday, April 23rd. They now have a GBX 975 ($16.38) price target on the stock. Separately, analysts at N+1 Singer reiterated a “buy” rating on shares of Greene King plc in a research note on Wednesday, April 16th. Finally, analysts at Beaufort Securities reiterated a “buy” rating on shares of Greene King plc in a research note on Friday, April 11th. Six equities research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of GBX 818.56 ($13.75).
Greene King plc is the 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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