Greencore Group (GNCGY) Upgraded to Buy by Zacks Investment Research

Zacks Investment Research upgraded shares of Greencore Group (OTCMKTS:GNCGY) from a hold rating to a buy rating in a report published on Saturday. The firm currently has $13.00 price target on the stock.

According to Zacks, “Greencore Group plc is a manufacturer of convenience foods. Its operating segment consists of Convenience Foods, and Ingredients and Property. Convenience Foods segment is engaged in production and sale of convenience foods. Ingredients and Property segment is engaged in distribution of edible oils and molasses, and the management of the Company’s surplus property assets. The company operates primarily in the UK and US. Greencore Group plc is headquartered in Dublin, Ireland. “

Separately, ValuEngine upgraded Greencore Group from a hold rating to a buy rating in a research note on Monday, December 11th.

Shares of Greencore Group (GNCGY) opened at $11.02 on Friday. The company has a current ratio of 0.74, a quick ratio of 0.57 and a debt-to-equity ratio of 0.76. Greencore Group has a 52 week low of $9.69 and a 52 week high of $13.31.

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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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