Greencore Group plc (LON:GNC)‘s stock had its “buy” rating restated by equities research analysts at Whitman Howard in a research note issued to investors on Thursday. They currently have a GBX 310 ($4.00) target price on the stock. Whitman Howard’s target price suggests a potential upside of 50.70% from the company’s previous close.

Several other brokerages have also recently weighed in on GNC. Peel Hunt restated a “buy” rating and set a GBX 300 ($3.87) target price on shares of Greencore Group plc in a report on Tuesday, July 11th. Jefferies Group LLC reiterated a “buy” rating and issued a GBX 300 ($3.87) price objective on shares of Greencore Group plc in a report on Wednesday, June 21st. Kepler Capital Markets reiterated a “buy” rating and issued a GBX 300 ($3.87) price objective on shares of Greencore Group plc in a report on Thursday, July 27th. Investec reiterated a “buy” rating and issued a GBX 322 ($4.16) price objective on shares of Greencore Group plc in a report on Wednesday, June 21st. Finally, Berenberg Bank decreased their price objective on Greencore Group plc from GBX 350 ($4.52) to GBX 340 ($4.39) and set a “buy” rating on the stock in a report on Friday, May 26th. Ten equities research analysts have rated the stock with a buy rating, The company presently has an average rating of “Buy” and a consensus price target of GBX 309 ($3.99).

Shares of Greencore Group plc (LON GNC) traded down 0.15% during trading on Thursday, reaching GBX 205.70. The company had a trading volume of 1,623,614 shares. The company’s market capitalization is GBX 1.45 billion. Greencore Group plc has a 52 week low of GBX 182.30 and a 52 week high of GBX 295.89. The stock’s 50-day moving average price is GBX 216.82 and its 200-day moving average price is GBX 237.82.

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In other news, insider Kevin F. O’Malley bought 19,500 shares of the business’s stock in a transaction on Tuesday, August 29th. The shares were bought at an average price of GBX 198 ($2.56) per share, with a total value of £38,610 ($49,864.39). Also, insider Patrick Gary Kennedy bought 10,000 shares of the business’s stock in a transaction on Thursday, August 24th. The stock was purchased at an average cost of GBX 196 ($2.53) per share, for a total transaction of £19,600 ($25,313.19). In the last three months, insiders acquired 64,500 shares of company stock worth $12,681,000.

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.

Analyst Recommendations for Greencore Group plc (LON:GNC)

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