Greencore Group plc (GNC) Receives Average Recommendation of “Buy” from Analysts
Shares of Greencore Group plc (LON:GNC) have received a consensus recommendation of “Buy” from the ten research firms that are currently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is GBX 305.50 ($3.97).
Several brokerages recently issued reports on GNC. Shore Capital reiterated a “buy” rating on shares of Greencore Group plc in a report on Monday, July 3rd. Whitman Howard reiterated a “buy” rating and set a GBX 310 ($4.02) price target on shares of Greencore Group plc in a report on Wednesday, April 26th. Jefferies Group LLC reiterated a “buy” rating and set a GBX 300 ($3.89) price target on shares of Greencore Group plc in a report on Friday, May 12th. Numis Securities Ltd reiterated an “add” rating and set a GBX 272 ($3.53) price target on shares of Greencore Group plc in a report on Tuesday, May 30th. Finally, Peel Hunt restated a “buy” rating and issued a GBX 300 ($3.89) price objective on shares of Greencore Group plc in a research note on Thursday, July 27th.
ILLEGAL ACTIVITY NOTICE: “Greencore Group plc (GNC) Receives Average Recommendation of “Buy” from Analysts” was first published by American Banking News and is owned by of American Banking News. If you are viewing this news story on another publication, it was illegally stolen and reposted in violation of United States and international copyright & trademark legislation. The original version of this news story can be viewed at https://www.americanbankingnews.com/2017/08/19/greencore-group-plc-gnc-receives-average-recommendation-of-buy-from-analysts.html.
Greencore Group plc (GNC) traded down 1.82% during midday trading on Friday, hitting GBX 220.90. The stock had a trading volume of 1,351,599 shares. The stock’s market capitalization is GBX 1.33 billion. The stock’s 50-day moving average is GBX 229.07 and its 200-day moving average is GBX 241.98. Greencore Group plc has a 1-year low of GBX 215.00 and a 1-year high of GBX 304.28.
The business also recently disclosed a dividend, which will be paid on Tuesday, October 3rd. Investors of record on Thursday, June 1st will be issued a dividend of GBX 2.10 ($0.03) per share. The ex-dividend date is Thursday, June 1st. This represents a yield of 0.86%.
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.
Receive News & Ratings for Greencore Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Greencore Group plc and related companies with MarketBeat.com's FREE daily email newsletter.