Shares of Greencore Group plc (LON:GNC) have been assigned an average recommendation of “Buy” from the ten research firms that are currently covering the firm, MarketBeat reports. Ten equities research analysts have rated the stock with a buy recommendation. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is GBX 307.75 ($4.06).

GNC has been the subject of several analyst reports. Whitman Howard reissued a “buy” rating and issued a GBX 310 ($4.09) target price on shares of Greencore Group plc in a research note on Thursday, September 7th. Peel Hunt reaffirmed a “buy” rating and set a GBX 300 ($3.96) price target on shares of Greencore Group plc in a report on Thursday, August 24th. Shore Capital reaffirmed a “buy” rating on shares of Greencore Group plc in a report on Thursday, August 24th. Numis Securities Ltd reaffirmed a “buy” rating and set a GBX 300 ($3.96) price target (up previously from GBX 285 ($3.76)) on shares of Greencore Group plc in a report on Thursday, August 24th. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 340 ($4.49) price target on shares of Greencore Group plc in a report on Friday, July 28th.

In other news, insider Thomas Sampson bought 35,000 shares of the company’s stock in a transaction dated Friday, August 25th. The stock was bought at an average price of GBX 196 ($2.59) per share, with a total value of £68,600 ($90,525.20). Also, insider Eoin Tonge bought 25,000 shares of the company’s stock in a transaction dated Friday, September 15th. The shares were purchased at an average cost of GBX 187 ($2.47) per share, with a total value of £46,750 ($61,691.74). Insiders have bought 89,500 shares of company stock valued at $17,356,000 in the last three months.

TRADEMARK VIOLATION WARNING: “Greencore Group plc (GNC) Receives Average Rating of “Buy” from Brokerages” was originally posted by American Banking News and is the sole property of of American Banking News. If you are accessing this piece on another publication, it was illegally copied and republished in violation of U.S. and international trademark & copyright law. The legal version of this piece can be viewed at https://www.americanbankingnews.com/2017/11/02/greencore-group-plc-gnc-receives-average-rating-of-buy-from-brokerages.html.

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)

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.