Greencore Group plc Stock Rating Reaffirmed by Numis Securities Ltd (GNC)
Greencore Group plc (LON:GNC)‘s stock had its “add” rating reiterated by Numis Securities Ltd in a research note issued on Wednesday. They currently have a GBX 320 ($5.43) target price on the stock. Numis Securities Ltd’s target price indicates a potential upside of 17.73% from the stock’s previous close.
Shares of Greencore Group plc (LON:GNC) traded up 0.71% during mid-day trading on Wednesday, hitting GBX 271.8186. The stock had a trading volume of 1,082,944 shares. Greencore Group plc has a one year low of GBX 135.10 and a one year high of GBX 303.90. The stock has a 50-day moving average of GBX 273.4 and a 200-day moving average of GBX 265.0. The company’s market cap is £1.086 billion.
Several other analysts have also recently commented on the stock. Analysts at Shore Capital reiterated a “hold” rating on shares of Greencore Group plc in a research note on Tuesday. Separately, 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. Finally, 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. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Greencore Group plc currently has a consensus 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.