Greencore Group plc (GNC) Rating Reiterated by Whitman Howard
Greencore Group plc (LON:GNC)‘s stock had its “buy” rating reaffirmed by research analysts at Whitman Howard in a research report issued to clients and investors on Thursday. They currently have a GBX 310 ($4.05) target price on the stock. Whitman Howard’s price target would indicate a potential upside of 33.05% from the stock’s previous close.
Other equities research analysts have also issued reports about the stock. Berenberg Bank reduced their price objective on shares of Greencore Group plc from GBX 350 ($4.57) to GBX 340 ($4.44) and set a “buy” rating on the stock in a report on Friday, May 26th. Numis Securities Ltd restated an “add” rating and issued a GBX 272 ($3.55) price objective on shares of Greencore Group plc in a report on Tuesday, May 30th. Shore Capital restated a “buy” rating on shares of Greencore Group plc in a report on Monday, July 3rd. Peel Hunt restated a “buy” rating and issued a GBX 300 ($3.92) price objective on shares of Greencore Group plc in a report on Tuesday, July 11th. Finally, Investec restated a “buy” rating and issued a GBX 322 ($4.20) price objective on shares of Greencore Group plc in a report on Wednesday, June 21st. One equities research analyst has rated the stock with a hold rating and nine have issued a buy rating to the stock. Greencore Group plc currently has an average rating of “Buy” and an average price target of GBX 318 ($4.15).
Greencore Group plc (LON:GNC) traded up 1.75% during trading on Thursday, reaching GBX 233.00. 2,194,884 shares of the company’s stock traded hands. The company has a 50 day moving average price of GBX 242.28 and a 200-day moving average price of GBX 243.83. The company’s market cap is GBX 1.41 billion. Greencore Group plc has a 12-month low of GBX 215.00 and a 12-month high of GBX 304.28.
Greencore Group plc Company Profile
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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