Greencore Group plc (GNC) Insider Buys £19,300 in Stock

Greencore Group plc (LON:GNC) insider Heather Ann McSharry purchased 10,000 shares of Greencore Group stock in a transaction dated Friday, February 2nd. The shares were purchased at an average price of GBX 193 ($2.71) per share, with a total value of £19,300 ($27,102.93).

Greencore Group plc (LON:GNC) opened at GBX 197.95 ($2.78) on Monday. The company has a market cap of $1,370.00 and a PE ratio of 9,897.50. Greencore Group plc has a one year low of GBX 180.40 ($2.53) and a one year high of GBX 265.30 ($3.73).

The business also recently declared a dividend, which will be paid on Thursday, April 5th. Investors of record on Thursday, December 7th will be paid a GBX 3.37 ($0.05) dividend. This is an increase from Greencore Group’s previous dividend of $2.10. This represents a yield of 1.59%. The ex-dividend date of this dividend is Thursday, December 7th.

Several brokerages recently issued reports on GNC. Peel Hunt reiterated a “buy” rating and issued a GBX 250 ($3.51) target price on shares of Greencore Group in a research report on Tuesday, January 30th. Numis Securities cut their price target on shares of Greencore Group from GBX 300 ($4.21) to GBX 275 ($3.86) and set a “buy” rating for the company in a research report on Wednesday, January 31st. Kepler Capital Markets reaffirmed a “buy” rating and set a GBX 250 ($3.51) price objective on shares of Greencore Group in a research note on Tuesday, January 30th. Shore Capital reaffirmed a “buy” rating on shares of Greencore Group in a research note on Tuesday, January 30th. Finally, Barclays reaffirmed an “overweight” rating and set a GBX 253 ($3.55) price objective on shares of Greencore Group in a research note on Wednesday, January 31st. Nine equities research analysts have rated the stock with a buy rating, The company presently has a consensus rating of “Buy” and a consensus price target of GBX 283.13 ($3.98).

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Greencore Group Company Profile

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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