Greencore Group (LON:GNC – Get Free Report)‘s stock had its “hold” rating restated by equities researchers at Jefferies Financial Group in a research note issued on Tuesday, Digital Look reports. They presently have a GBX 185 price objective on the stock. Jefferies Financial Group’s price objective points to a potential downside of 32.28% from the stock’s current price.
A number of other analysts have also weighed in on the company. Berenberg Bank reaffirmed a “buy” rating and set a GBX 351 price objective on shares of Greencore Group in a research report on Thursday, July 23rd. Shore Capital Group reiterated a “house stock” rating on shares of Greencore Group in a report on Monday, July 20th. Finally, Royal Bank Of Canada upgraded Greencore Group to an “outperform” rating and lifted their target price for the company from GBX 330 to GBX 345 in a report on Wednesday, July 29th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 309.75.
Check Out Our Latest Report on GNC
Greencore Group Stock Performance
Shares of GNC stock opened at GBX 273.20 on Tuesday. The company has a quick ratio of 0.62, a current ratio of 0.74 and a debt-to-equity ratio of 80.03. Greencore Group has a 52 week low of GBX 191.10 and a 52 week high of GBX 307.50. The stock has a market capitalization of £2.19 billion, a PE ratio of 97.57, a P/E/G ratio of 0.10 and a beta of 0.85. The firm has a 50 day moving average of GBX 256.57 and a two-hundred day moving average of GBX 237.57.
Insider Buying and Selling at Greencore Group
In other news, insider Leslie Van de Walle bought 350,000 shares of the business’s stock in a transaction that occurred on Wednesday, July 22nd. The shares were purchased at an average cost of GBX 238 per share, for a total transaction of £833,000. Insiders own 1.19% of the company’s stock.
Greencore Group Company Profile
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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