Greencore Group (LON:GNC)‘s stock had its “overweight” rating restated by analysts at Barclays in a research note issued on Wednesday. They currently have a GBX 253 ($3.50) target price on the stock. Barclays’ target price indicates a potential upside of 34.57% from the company’s current price.
GNC has been the topic of several other reports. Numis Securities cut their target price on Greencore Group from GBX 300 ($4.14) to GBX 275 ($3.80) and set a “buy” rating on the stock in a report on Wednesday, January 31st. Kepler Capital Markets reiterated a “buy” rating and issued a GBX 250 ($3.45) price objective on shares of Greencore Group in a research note on Thursday, November 30th. Berenberg Bank dropped their price objective on Greencore Group from GBX 340 ($4.70) to GBX 305 ($4.21) and set a “buy” rating on the stock in a research note on Monday, December 11th. Shore Capital reiterated a “buy” rating on shares of Greencore Group in a research note on Tuesday, January 30th. Finally, Peel Hunt reiterated a “buy” rating and issued a GBX 250 ($3.45) price objective on shares of Greencore Group in a research note on Tuesday, January 30th. Nine equities research analysts have rated the stock with a buy rating, Greencore Group currently has a consensus rating of “Buy” and a consensus price target of GBX 283.13 ($3.91).
Greencore Group (GNC) traded up GBX 1 ($0.01) during midday trading on Wednesday, reaching GBX 188 ($2.60). The company’s stock had a trading volume of 3,953,196 shares, compared to its average volume of 6,010,000. Greencore Group has a one year low of GBX 180.40 ($2.49) and a one year high of GBX 265.30 ($3.67). The company has a market capitalization of $1,320.00 and a price-to-earnings ratio of 9,400.00.
About Greencore Group
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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