Greencore Grp (GNCGY) Upgraded to “Buy” by Zacks Investment Research
Greencore Grp (OTCMKTS:GNCGY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued on Tuesday. The brokerage presently has a $13.00 price objective on the stock. Zacks Investment Research‘s target price points to a potential upside of 10.97% from the stock’s previous close.
According to Zacks, “Greencore Group plc is a manufacturer of convenience foods. Its operating segment consists of Convenience Foods, and Ingredients and Property. Convenience Foods segment is engaged in production and sale of convenience foods. Ingredients and Property segment is engaged in distribution of edible oils and molasses, and the management of the Company’s surplus property assets. The company operates primarily in the UK and US. Greencore Group plc is headquartered in Dublin, Ireland. “
Greencore Grp (OTCMKTS GNCGY) traded up $0.16 during midday trading on Tuesday, hitting $11.72. The company’s stock had a trading volume of 1,773 shares, compared to its average volume of 710. Greencore Grp has a 1 year low of $9.69 and a 1 year high of $22.31. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.53 and a current ratio of 0.70.
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.
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