Greencore Group (LON:GNC) Earns Hold Rating from Peel Hunt
Peel Hunt reissued their hold rating on shares of Greencore Group (LON:GNC) in a research note published on Friday morning, ThisIsMoney.Co.Uk reports.
A number of other equities research analysts also recently commented on the company. Numis Securities lifted their target price on Greencore Group from GBX 217 ($2.84) to GBX 245 ($3.20) and gave the company an add rating in a research report on Tuesday, May 28th. HSBC reiterated a buy rating on shares of Greencore Group in a report on Friday, June 28th. Berenberg Bank upped their price target on Greencore Group from GBX 210 ($2.74) to GBX 250 ($3.27) and gave the stock a hold rating in a report on Friday, September 6th. Barclays restated an underweight rating on shares of Greencore Group in a report on Wednesday, July 17th. Finally, Shore Capital reaffirmed a buy rating on shares of Greencore Group in a research report on Tuesday, July 30th. One analyst has rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the stock. The company has a consensus rating of Hold and an average target price of GBX 232.14 ($3.03).
Shares of LON:GNC opened at GBX 227 ($2.97) on Friday. The company has a debt-to-equity ratio of 111.77, a current ratio of 0.69 and a quick ratio of 0.57. The business’s 50 day moving average price is GBX 213.11 and its 200-day moving average price is GBX 213.51. The firm has a market capitalization of $1.01 billion and a PE ratio of 15.55. Greencore Group has a 1 year low of GBX 160.90 ($2.10) and a 1 year high of GBX 231.60 ($3.03).
Greencore Group plc manufactures and sells various convenience food products primarily in the United Kingdom. The company provides sandwiches, sushi, salads, chilled ready meals, chilled soups and sauces, chilled quiche, ambient sauces and pickles, frozen Yorkshire puddings, cakes, and desserts. It also trades in Irish ingredients; and invests in properties.
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