JPMorgan Chase & Co. Reiterates Neutral Rating for Greene King plc (GNK)
A number of other firms have also recently commented on GNK. Analysts at Beaufort Securities reiterated a “buy” rating on shares of Greene King plc in a research note on Friday. Separately, analysts at Numis Securities Ltd reiterated an “add” rating on shares of Greene King plc in a research note on Thursday. They now have a GBX 975 ($16.61) price target on the stock. Finally, 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. Six analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. Greene King plc presently has a consensus rating of “Buy” and an average target price of GBX 878.42 ($14.96).
Shares of Greene King plc (LON:GNK) opened at 864.5001 on Friday. Greene King plc has a 1-year low of GBX 763.00 and a 1-year high of GBX 933.50. The stock has a 50-day moving average of GBX 845.1 and a 200-day moving average of GBX 876.4. The company’s market cap is £1.874 billion.
The company also recently declared a dividend, which is scheduled for Monday, September 15th. Shareholders of record on Wednesday, August 13th will be given a dividend of GBX 20.80 ($0.35) per share. This represents a yield of 2.55%. The ex-dividend date of this dividend is Wednesday, August 13th.
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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