Greene King (GNK) Stock Rating Reaffirmed by Shore Capital

Greene King (LON:GNK)‘s stock had its “buy” rating reaffirmed by Shore Capital in a research report issued to clients and investors on Thursday.

A number of other research analysts have also weighed in on GNK. Peel Hunt reissued an “add” rating and issued a GBX 600 ($8.14) target price on shares of Greene King in a research note on Thursday. decreased their target price on shares of Greene King from GBX 595 ($8.07) to GBX 510 ($6.92) and set a “reduce” rating on the stock in a research note on Wednesday, September 27th. Liberum Capital reissued a “buy” rating and issued a GBX 720 ($9.76) target price on shares of Greene King in a research note on Friday, September 29th. Numis Securities lowered shares of Greene King to a “reduce” rating in a research note on Thursday, January 11th. Finally, Canaccord Genuity decreased their target price on shares of Greene King from GBX 550 ($7.46) to GBX 520 ($7.05) and set a “hold” rating on the stock in a research note on Friday, December 1st. Five investment analysts have rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of GBX 568.64 ($7.71).

Greene King (LON:GNK) traded down GBX 3.80 ($0.05) on Thursday, reaching GBX 533.60 ($7.24). 1,205,045 shares of the company’s stock were exchanged, compared to its average volume of 1,240,000. Greene King has a twelve month low of GBX 490.08 ($6.65) and a twelve month high of GBX 768 ($10.41). The stock has a market cap of $1,650.00 and a price-to-earnings ratio of 952.86.

Greene King (LON:GNK) last released its earnings results on Thursday, November 30th. The company reported GBX 33 ($0.45) 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 10.64% and a net margin of 9.38%. The business had revenue of GBX 103.14 billion during the quarter.

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About Greene King

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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