Greene King plc Stock Rating Reaffirmed by Numis Securities Ltd (GNK)
Greene King plc (LON:GNK)‘s stock had its “add” rating reiterated by analysts at Numis Securities Ltd in a research report issued to clients and investors on Thursday. They currently have a GBX 975 ($16.61) target price on the stock. Numis Securities Ltd’s target price indicates a potential upside of 15.11% from the company’s current price.
Greene King plc (LON:GNK) opened at 820.00 on Thursday. Greene King plc has a one year low of GBX 763.00 and a one year high of GBX 933.50. The stock’s 50-day moving average is GBX 846.7 and its 200-day moving average is GBX 876.9. The company’s market cap is £1.778 billion.
A number of other firms have also recently commented on GNK. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Greene King plc in a research note on Thursday. They now have a GBX 1,005 ($17.12) 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 Friday, June 27th. They now have a GBX 954 ($16.25) price target on the stock. Six analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of GBX 883.15 ($15.04).
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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