Greencore Group plc (GNC) Receives “Add” Rating from Numis Securities Ltd
Numis Securities Ltd restated their add rating on shares of Greencore Group plc (LON:GNC) in a research report released on Monday. Numis Securities Ltd currently has a GBX 285 ($3.56) price target on the stock.
A number of other research analysts also recently commented on the stock. Peel Hunt raised shares of Greencore Group plc to a buy rating and set a GBX 425 ($5.31) price objective for the company in a research note on Monday, November 14th. Goodbody reaffirmed a buy rating on shares of Greencore Group plc in a research note on Friday, November 4th. Jefferies Group reaffirmed a buy rating and set a GBX 410 ($5.12) price objective on shares of Greencore Group plc in a research note on Wednesday, October 19th. Shore Capital reaffirmed a hold rating on shares of Greencore Group plc in a research note on Monday, July 25th. Finally, Societe Generale reiterated a buy rating and set a GBX 400 ($5.00) target price on shares of Greencore Group plc in a report on Wednesday, July 27th. Two investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The stock has a consensus rating of Buy and an average price target of GBX 391.71 ($4.89).
Greencore Group plc (LON:GNC) traded up 0.07% during mid-day trading on Monday, reaching GBX 291.00. 1,487,583 shares of the company’s stock were exchanged. The company’s market capitalization is GBX 1.19 billion. Greencore Group plc has a 52 week low of GBX 235.00 and a 52 week high of GBX 396.70. The company’s 50 day moving average price is GBX 314.57 and its 200-day moving average price is GBX 331.16.
The firm also recently announced a dividend, which will be paid on Tuesday, April 4th. Shareholders of record on Thursday, December 1st will be given a GBX 4.10 ($0.05) dividend. This represents a dividend yield of 1.28%. This is a positive change from Greencore Group plc’s previous dividend of $2.55. The ex-dividend date of this dividend is Thursday, December 1st.
Greencore Group plc Company Profile
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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