Greencore Group plc Given “Hold” Rating at Shore Capital (GNC)
Greencore Group plc (LON:GNC) traded down 2.30% on Tuesday, hitting GBX 268.20. The stock had a trading volume of 530,375 shares. Greencore Group plc has a 52-week low of GBX 135.10 and a 52-week high of GBX 303.90. The stock’s 50-day moving average is GBX 274.1 and its 200-day moving average is GBX 264.4. The company’s market cap is £1.072 billion.
A number of other analysts have also recently weighed in on GNC. Analysts at Oriel Securities Ltd reiterated a “buy” rating on shares of Greencore Group plc in a research note on Monday. They now have a GBX 275 ($4.67) price target on the stock. Separately, analysts at Goodbody Stockbrokers Ltd downgraded shares of Greencore Group plc to a “hold” rating in a research note on Monday, July 21st. They now have a GBX 242 ($4.11) price target on the stock. Finally, analysts at Goodbody Stockbrokers Ltd reiterated a “hold” rating on shares of Greencore Group plc in a research note on Tuesday, July 8th. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of GBX 287.83 ($4.89).
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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