Greencore Group’s (GNC) “Buy” Rating Reiterated at Berenberg Bank

Greencore Group (LON:GNC – Get Free Report)‘s stock had its “buy” rating reiterated by equities research analysts at Berenberg Bank in a report issued on Friday,London Stock Exchange reports. They presently have a GBX 351 price target on the stock. Berenberg Bank’s target price suggests a potential upside of 49.11% from the stock’s previous close.

Other research analysts have also recently issued reports about the stock. Deutsche Bank Aktiengesellschaft started coverage on shares of Greencore Group in a report on Tuesday, January 20th. They set a “buy” rating and a GBX 325 price target on the stock. Shore Capital Group reaffirmed a “house stock” rating on shares of Greencore Group in a report on Monday, January 19th. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, Greencore Group has an average rating of “Buy” and a consensus target price of GBX 325.33.

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Greencore Group Stock Down 0.8%

Greencore Group stock opened at GBX 235.40 on Friday. Greencore Group has a fifty-two week low of GBX 188 and a fifty-two week high of GBX 307.50. The stock has a market cap of £1.87 billion, a PE ratio of 18.68, a price-to-earnings-growth ratio of 0.10 and a beta of 0.84. The firm’s 50-day simple moving average is GBX 247.59 and its 200 day simple moving average is GBX 252.79. The company has a debt-to-equity ratio of 42.22, a quick ratio of 0.62 and a current ratio of 0.68.

Greencore Group Company Profile

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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.

Greencore is the UK’s leading convenience food manufacturer. We bring industry-leading innovation to create high-quality, fresh and convenient food to customers and consumers.

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