Greene King plc (LON:GNK) has been assigned a consensus recommendation of “Buy” from the eighteen research firms that are covering the company. Six research analysts have rated the stock with a hold recommendation and eleven have issued a buy recommendation on the company. The average 1-year price objective among analysts that have covered the stock in the last year is GBX 965.86 ($12.07).

Several equities research analysts have recently weighed in on GNK shares. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Greene King plc in a research note on Monday, August 22nd. N+1 Singer cut Greene King plc to a “hold” rating and decreased their price target for the company from GBX 900 ($11.24) to GBX 800 ($10.00) in a research note on Friday, October 7th. Investec reissued a “buy” rating and issued a GBX 882 ($11.02) price target on shares of Greene King plc in a research note on Wednesday, November 16th. HSBC decreased their price target on Greene King plc from GBX 870 ($10.87) to GBX 830 ($10.37) and set a “hold” rating for the company in a research note on Monday, August 1st. Finally, Barclays PLC reissued an “overweight” rating and issued a GBX 990 ($12.37) price target on shares of Greene King plc in a research note on Monday, September 12th.

Shares of Greene King plc (LON:GNK) opened at 738.50 on Friday. The firm’s market cap is GBX 2.28 billion. Greene King plc has a 12 month low of GBX 712.98 and a 12 month high of GBX 985.00. The company has a 50-day moving average price of GBX 743.31 and a 200-day moving average price of GBX 797.93.

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About Greene King plc

Greene King plc is a United Kingdom-based pub and brewing company. The Company is engaged in operating over 3,000 managed, tenanted, leased and franchised pubs, restaurants and hotels, and brewing ales. The Company operates through three segments: Retail, which is engaged in the operation of managed pubs and restaurants; Pub Partners, which is engaged in the operation of tenanted and leased pubs, and Brewing & Brands, which is involved in brewing, marketing and selling beer.

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