Greencore Group plc (GNC) Given “Buy” Rating at Goodbody
Several other research analysts also recently commented on the company. Shore Capital reissued a hold rating on shares of Greencore Group plc in a research note on Monday, July 25th. Jefferies Group reissued a buy rating and set a GBX 410 ($5.35) target price on shares of Greencore Group plc in a research note on Friday, July 29th. Numis Securities Ltd raised Greencore Group plc to a buy rating and boosted their target price for the stock from GBX 378 ($4.93) to GBX 382 ($4.99) in a research note on Thursday, July 28th. Societe Generale reissued a buy rating and set a GBX 400 ($5.22) target price on shares of Greencore Group plc in a research note on Wednesday, July 27th. Finally, Peel Hunt reissued an add rating and set a GBX 425 ($5.55) target price on shares of Greencore Group plc in a research note on Wednesday, September 28th. Two research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The company currently has a consensus rating of Buy and a consensus target price of GBX 405.57 ($5.29).
Shares of Greencore Group plc (LON:GNC) traded down 0.97% during mid-day trading on Tuesday, reaching GBX 327.70. 632,635 shares of the company’s stock traded hands. Greencore Group plc has a 12 month low of GBX 235.00 and a 12 month high of GBX 396.70. The company has a 50 day moving average of GBX 346.81 and a 200 day moving average of GBX 343.95. The company’s market cap is GBX 1.34 billion.
About Greencore Group plc
Greencore Group plc is engaged in international convenience food business. The Company’s segments are Convenience Foods, and Ingredients and Property. The Company’s Convenience Foods segment is engaged in production and sale of convenience foods. The Ingredients and Property segment is engaged in distribution of edible oils and molasses, and the management of the Company’s surplus property assets.
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