Royal Bank Of Canada Reaffirms “Outperform” Rating for Greencore Group (LON:GNC)

Greencore Group (LON:GNC)‘s stock had its “outperform” rating reaffirmed by equities research analysts at Royal Bank Of Canada in a note issued to investors on Monday, Marketbeat.com reports. They presently have a GBX 300 target price on the stock. Royal Bank Of Canada’s price objective would suggest a potential upside of 27.39% from the company’s current price.

Greencore Group Stock Performance

Shares of Greencore Group stock opened at GBX 235.50 on Monday. The firm has a fifty day moving average of GBX 234.54 and a two-hundred day moving average of GBX 236.33. The stock has a market capitalization of £1.04 billion, a price-to-earnings ratio of 0.24, a PEG ratio of 0.10 and a beta of 1.19. Greencore Group has a 52 week low of GBX 162.60 and a 52 week high of GBX 281. The company has a debt-to-equity ratio of 55.60, a quick ratio of 0.62 and a current ratio of 0.70.

Insider Buying and Selling at Greencore Group

In other news, insider Leslie Van de Walle acquired 40,000 shares of Greencore Group stock in a transaction that occurred on Wednesday, November 19th. The shares were acquired at an average price of GBX 236 per share, with a total value of £94,400. 1.61% of the stock is owned by corporate insiders.

About Greencore Group

We are a leading manufacturer of convenience food in the UK and our purpose is to make every day taste better. To help us achieve this we have a model called The Greencore Way, which is built on the differentiators of People at the Core, Great Food, Delivery Excellence, Lasting Partnerships and Sustainable Choices – The Greencore Way describes both who we are and how we will succeed.

We supply all of the major supermarkets in the UK.