Greene King (LON:GNK)‘s stock had its “hold” rating restated by equities research analysts at Numis Securities in a report released on Thursday. They currently have a GBX 595 ($7.97) price target on the stock. Numis Securities’ price objective would suggest a potential upside of 13.43% from the company’s current price.
A number of other analysts have also commented on GNK. Barclays restated an “overweight” rating and set a GBX 635 ($8.50) price target on shares of Greene King in a research note on Wednesday. cut their price objective on shares of Greene King from GBX 595 ($7.97) to GBX 510 ($6.83) and set a “reduce” rating on the stock in a report on Wednesday, September 27th. Liberum Capital reaffirmed a “buy” rating and set a GBX 720 ($9.64) price objective on shares of Greene King in a report on Friday, September 29th. J P Morgan Chase & Co cut their price objective on shares of Greene King from GBX 750 ($10.04) to GBX 650 ($8.70) and set a “neutral” rating on the stock in a report on Monday, September 11th. Finally, Peel Hunt cut their price objective on shares of Greene King from GBX 750 ($10.04) to GBX 625 ($8.37) and set an “add” rating on the stock in a report on Wednesday, October 25th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and six have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of GBX 698.33 ($9.35).
Greene King (LON:GNK) traded down GBX 15.46 ($0.21) during trading hours on Thursday, hitting GBX 524.54 ($7.02). 5,780,000 shares of the stock traded hands, compared to its average volume of 1,340,000. Greene King has a 12 month low of GBX 490.08 ($6.56) and a 12 month high of GBX 768 ($10.29).
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Greene King Company Profile
Greene King plc is an integrated pub retailer and brewer. The Company operates approximately 3,040 managed, tenanted, leased and franchised pubs, restaurants and hotels, including brands, such as Hungry Horse, Chef & Brewer, Flaming Grill, Farmhouse Inns and its Greene King locals estate. The Company’s segments include Pub Company, Pub Partners, and Brewing & Brands.
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