Greencore Group plc (LON:GNC) Given Average Rating of “Buy” by Brokerages
Shares of Greencore Group plc (LON:GNC) have received an average recommendation of “Buy” from the ten ratings firms that are covering the stock. Two analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is GBX 405.57 ($5.29).
GNC has been the topic of a number of research reports. Peel Hunt reissued an “add” rating and issued a GBX 425 ($5.55) price objective on shares of Greencore Group plc in a report on Wednesday, September 28th. Goodbody reissued a “buy” rating on shares of Greencore Group plc in a report on Tuesday. Jefferies Group reissued a “buy” rating and issued a GBX 410 ($5.35) price objective on shares of Greencore Group plc in a report on Wednesday, September 28th. Societe Generale reaffirmed a “buy” rating and set a GBX 400 ($5.22) price target on shares of Greencore Group plc in a report on Wednesday, July 27th. Finally, Shore Capital reaffirmed a “hold” rating on shares of Greencore Group plc in a report on Monday, July 25th.
Shares of Greencore Group plc (LON:GNC) traded down 1.43% during mid-day trading on Thursday, hitting GBX 325.00. 1,771,256 shares of the company were exchanged. The company has a 50 day moving average of GBX 346.38 and a 200 day moving average of GBX 343.84. Greencore Group plc has a 52 week low of GBX 235.00 and a 52 week high of GBX 396.70. The company’s market capitalization is GBX 1.33 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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