Greencore Group (LON:GNC – Get Free Report)‘s stock had its “hold” rating reaffirmed by research analysts at Jefferies Financial Group in a research report issued to clients and investors on Tuesday, Digital Look reports. They presently have a GBX 185 price target on the stock. Jefferies Financial Group’s price objective points to a potential downside of 33.03% from the stock’s current price.
Several other brokerages have also recently issued reports on GNC. Royal Bank Of Canada upgraded Greencore Group to an “outperform” rating and boosted their price target for the company from GBX 330 to GBX 345 in a research report on Wednesday, July 29th. Berenberg Bank reiterated a “buy” rating and issued a GBX 351 price target on shares of Greencore Group in a research report on Thursday, July 23rd. Finally, Shore Capital Group restated a “house stock” rating on shares of Greencore Group in a report on Monday, July 20th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 309.75.
Get Our Latest Stock Report on Greencore Group
Greencore Group Stock Performance
Shares of GNC stock opened at GBX 276.26 on Tuesday. The firm has a 50 day moving average of GBX 256.83 and a two-hundred day moving average of GBX 237.84. The stock has a market capitalization of £2.21 billion, a PE ratio of 98.66, a P/E/G ratio of 0.10 and a beta of 0.85. Greencore Group has a 52 week low of GBX 191.10 and a 52 week high of GBX 307.50. The company has a quick ratio of 0.62, a current ratio of 0.74 and a debt-to-equity ratio of 80.03.
Insider Activity at Greencore Group
In related news, insider Leslie Van de Walle bought 350,000 shares of Greencore Group stock in a transaction dated Wednesday, July 22nd. The stock was acquired at an average cost of GBX 238 per share, with a total value of £833,000. 1.19% of the stock is owned by 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.
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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