Greene King (LON:GNK)‘s stock had its “buy” rating reiterated by analysts at Liberum Capital in a report released on Thursday. They presently have a GBX 690 ($9.36) price objective on the stock. Liberum Capital’s target price points to a potential upside of 29.31% from the company’s previous close.
A number of other research analysts have also recently commented on the company. Shore Capital restated a “buy” rating on shares of Greene King in a research report on Thursday. Peel Hunt restated an “add” rating and issued a GBX 600 ($8.14) price target on shares of Greene King in a research report on Thursday. Numis Securities cut Greene King to a “reduce” rating in a research report on Thursday, January 11th. Berenberg Bank restated a “sell” rating and issued a GBX 450 ($6.10) price target on shares of Greene King in a research report on Monday, January 8th. Finally, JPMorgan Chase & Co. cut Greene King to an “underweight” rating and decreased their price target for the stock from GBX 650 ($8.81) to GBX 500 ($6.78) in a research report on Tuesday, January 2nd. Five investment analysts have rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of GBX 568.64 ($7.71).
Greene King (LON:GNK) traded down GBX 3.80 ($0.05) on Thursday, hitting GBX 533.60 ($7.24). The stock had a trading volume of 1,205,045 shares, compared to its average volume of 1,240,000. Greene King has a 12 month low of GBX 490.08 ($6.65) and a 12 month high of GBX 768 ($10.41). The firm has a market capitalization of $1,650.00 and a P/E ratio of 952.86.
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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