Greene King (LON:GNK) had its target price lowered by Peel Hunt from GBX 625 ($8.37) to GBX 600 ($8.04) in a research report issued on Thursday. The brokerage presently has an “add” rating on the stock. Peel Hunt’s target price points to a potential upside of 14.39% from the stock’s current price.

GNK has been the subject of a number of other reports. Liberum Capital reaffirmed a “buy” rating and set a GBX 780 ($10.45) price target on shares of Greene King in a research note on Wednesday, September 6th. Shore Capital reaffirmed a “buy” rating on shares of Greene King in a research note on Friday, September 8th. Deutsche Bank lowered their price objective on Greene King from GBX 830 ($11.12) to GBX 740 ($9.91) and set a “buy” rating on the stock in a report on Wednesday, October 18th. Numis Securities reissued a “hold” rating and set a GBX 595 ($7.97) price objective on shares of Greene King in a report on Monday, September 11th. Finally, lowered their price objective on 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. One analyst has rated the stock with a sell rating, eight have issued a hold rating and six have issued a buy rating to the company’s stock. Greene King presently has a consensus rating of “Hold” and an average price target of GBX 698.33 ($9.35).

Greene King (LON:GNK) traded down GBX 15.46 ($0.21) on Thursday, hitting GBX 524.54 ($7.02). The stock had a trading volume of 5,780,000 shares, compared to its average volume of 1,340,000. Greene King has a 52 week low of GBX 490.08 ($6.56) and a 52 week high of GBX 768 ($10.29).

Greene King (LON:GNK) last posted its quarterly earnings results on Thursday, November 30th. The company reported GBX 33 ($0.44) earnings per share for the quarter, missing the Zacks’ consensus estimate of GBX 34 ($0.46) by GBX (1) (($0.01)). Greene King had a return on equity of 7.76% and a net margin of 6.65%. The firm had revenue of GBX 103.14 billion for the quarter.

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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.

Analyst Recommendations for Greene King (LON:GNK)

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