Greencore Group (LON:GNC)‘s stock had its “overweight” rating reissued by equities researchers at Barclays in a research note issued to investors on Wednesday. They presently have a GBX 253 ($3.50) target price on the stock. Barclays’ price target points to a potential upside of 34.57% from the stock’s previous close.

Other equities research analysts have also issued reports about the company. Numis Securities restated a “buy” rating and set a GBX 300 ($4.14) price objective on shares of Greencore Group in a research report on Tuesday, November 28th. Kepler Capital Markets cut their price target on Greencore Group from GBX 290 ($4.01) to GBX 250 ($3.45) and set a “buy” rating for the company in a research note on Wednesday, November 22nd. Peel Hunt reaffirmed a “buy” rating and set a GBX 250 ($3.45) price target on shares of Greencore Group in a research note on Tuesday, January 30th. Shore Capital reaffirmed a “buy” rating on shares of Greencore Group in a research note on Tuesday, January 30th. Finally, Berenberg Bank cut their price target on Greencore Group from GBX 340 ($4.70) to GBX 305 ($4.21) and set a “buy” rating for the company in a research note on Monday, December 11th. Nine research analysts have rated the stock with a buy rating, The company has a consensus rating of “Buy” and an average target price of GBX 283.13 ($3.91).

Shares of Greencore Group (LON:GNC) traded up GBX 1 ($0.01) during midday trading on Wednesday, reaching GBX 188 ($2.60). The company’s stock had a trading volume of 3,953,196 shares, compared to its average volume of 6,010,000. Greencore Group has a 12-month low of GBX 180.40 ($2.49) and a 12-month high of GBX 265.30 ($3.67). The firm has a market cap of $1,320.00 and a price-to-earnings ratio of 9,400.00.

In related news, insider Heather Ann McSharry acquired 10,000 shares of the business’s stock in a transaction that occurred on Friday, February 2nd. The shares were acquired at an average cost of GBX 193 ($2.67) per share, with a total value of £19,300 ($26,664.82). Also, insider Patrick F. Coveney sold 97,978 shares of the firm’s stock in a transaction that occurred on Monday, December 18th. The shares were sold at an average price of GBX 217 ($3.00), for a total value of £212,612.26 ($293,744.49).

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About Greencore Group

Greencore Group plc is a manufacturer of convenience food. The Company’s segments include Convenience Foods, and Ingredients & Property. The Convenience Foods segment includes Convenience Foods UK and Convenience Foods US. The Convenience Foods segment consists of Food to Go, Prepared Meals, Grocery and US.

Analyst Recommendations for Greencore Group (LON:GNC)

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