Greencore Group plc Stock Rating Reaffirmed by Goodbody Stockbrokers Ltd (GNC)
GNC has been the subject of a number of other recent research reports. Analysts at Numis Securities Ltd raised their price target on shares of Greencore Group plc from GBX 309 ($5.30) to GBX 320 ($5.49) in a research note on Tuesday, May 27th. They now have an “add” rating on the stock. Separately, analysts at Davy Research reiterated an “outperform” rating on shares of Greencore Group plc in a research note on Tuesday, May 20th. Finally, analysts at Investec upgraded shares of Greencore Group plc to a “buy” rating in a research note on Tuesday, May 20th. They now have a GBX 278 ($4.77) price target on the stock, up previously from GBX 273 ($4.68). Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Greencore Group plc has an average rating of “Buy” and a consensus target price of GBX 302.50 ($5.19).
Shares of Greencore Group plc (LON:GNC) traded down 2.13% during mid-day trading on Tuesday, hitting GBX 276.00. The stock had a trading volume of 343,036 shares. Greencore Group plc has a 52-week low of GBX 135.10 and a 52-week high of GBX 303.90. The stock has a 50-day moving average of GBX 273.7 and a 200-day moving average of GBX 253.6. The company’s market cap is £1.103 billion.
Greencore Group plc is engaged in the convenience food business. The Company’s two markets are the United Kingdom and the United States where the Company provides a range of food to go products supplemented by other chilled, frozen and ambient foods to major retail and food service customers.
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