Greencore Group plc (GNC) Receives “Buy” Rating from Shore Capital
Greencore Group plc (LON:GNC)‘s stock had its “buy” rating reaffirmed by Shore Capital in a research note issued on Monday.
Other equities research analysts have also issued research reports about the stock. Berenberg Bank cut their price target on shares of Greencore Group plc from GBX 350 ($4.45) to GBX 340 ($4.32) and set a “buy” rating on the stock in a report on Friday, May 26th. Whitman Howard reissued a “buy” rating and issued a GBX 310 ($3.94) price target on shares of Greencore Group plc in a report on Thursday, June 22nd. Numis Securities Ltd reissued an “add” rating and issued a GBX 272 ($3.46) price target on shares of Greencore Group plc in a report on Tuesday, May 30th. Investec reissued a “buy” rating and issued a GBX 322 ($4.10) price target on shares of Greencore Group plc in a report on Wednesday, June 21st. Finally, Jefferies Group LLC reissued a “buy” rating and issued a GBX 300 ($3.82) price target on shares of Greencore Group plc in a report on Friday, May 12th. One equities research analyst has rated the stock with a hold rating and nine have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of GBX 318 ($4.04).
Greencore Group plc (LON GNC) traded down 2.03% during mid-day trading on Monday, hitting GBX 241.00. 2,168,139 shares of the company’s stock were exchanged. The stock’s market cap is GBX 1.45 billion. The stock’s 50 day moving average price is GBX 243.46 and its 200-day moving average price is GBX 244.64. Greencore Group plc has a 12 month low of GBX 215.00 and a 12 month high of GBX 304.28.
The business also recently announced a dividend, which will be paid on Tuesday, October 3rd. Stockholders of record on Thursday, June 1st will be paid a dividend of GBX 2.10 ($0.03) per share. This represents a dividend yield of 0.86%. The ex-dividend date is Thursday, June 1st.
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About Greencore Group plc
Greencore Group plc is a manufacturer of convenience food. The Company’s segments include Convenience Foods, and Ingredients & Property. The Convenience Foods segment includes Convenience Foods UK and Convenience Foods US. The Convenience Foods segment consists of Food to Go, Prepared Meals, Grocery and US.
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