Peel Hunt Trims Greene King (GNK) Target Price to GBX 600
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).
ILLEGAL ACTIVITY WARNING: This piece of content was reported by American Banking News and is the property of of American Banking News. If you are accessing this piece of content on another site, it was illegally stolen and republished in violation of US and international copyright & trademark legislation. The legal version of this piece of content can be viewed at https://www.americanbankingnews.com/2017/11/30/peel-hunt-trims-greene-king-gnk-target-price-to-gbx-600.html.
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.
Receive News & Ratings for Greene King plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Greene King plc and related companies with MarketBeat.com's FREE daily email newsletter.