Greencore Group (LON:GNC) Given “Buy” Rating at Deutsche Bank Aktiengesellschaft

Greencore Group (LON:GNC)‘s stock had its “buy” rating reiterated by stock analysts at Deutsche Bank Aktiengesellschaft in a research note issued on Thursday,Digital Look reports. They presently have a GBX 325 price target on the stock. Deutsche Bank Aktiengesellschaft’s price target would indicate a potential upside of 54.17% from the stock’s current price.

A number of other equities analysts also recently issued reports on GNC. Shore Capital Group reiterated a “house stock” rating on shares of Greencore Group in a report on Wednesday. Berenberg Bank reiterated a “buy” rating and issued a GBX 351 price objective on shares of Greencore Group in a report on Friday, May 15th. Finally, Jefferies Financial Group reiterated a “hold” rating and issued a GBX 185 price objective on shares of Greencore Group in a report on Thursday. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Greencore Group currently has an average rating of “Moderate Buy” and an average price target of GBX 290.25.

Greencore Group Price Performance

GNC stock opened at GBX 210.80 on Thursday. Greencore Group has a 1 year low of GBX 210.23 and a 1 year high of GBX 307.50. The company has a market cap of £1.67 billion, a P/E ratio of 16.73, a PEG ratio of 0.10 and a beta of 0.84. The firm has a 50-day moving average of GBX 243.80 and a 200 day moving average of GBX 252.65. The company has a debt-to-equity ratio of 42.22, a current ratio of 0.68 and a quick ratio of 0.62.

Insider Buying and Selling at Greencore Group

In other Greencore Group news, insider Leslie Van de Walle bought 30,000 shares of the firm’s stock in a transaction on Wednesday, May 27th. The stock was acquired at an average price of GBX 227 per share, with a total value of £68,100. Corporate insiders own 1.10% of the company’s stock.

Greencore Group Company Profile

We are a leading manufacturer of convenience food in the UK and our purpose is to make every day taste better. To help us achieve this we have a model called The Greencore Way, which is built on the differentiators of People at the Core, Great Food, Delivery Excellence, Lasting Partnerships and Sustainable Choices – The Greencore Way describes both who we are and how we will succeed.

Greencore is the UK’s leading convenience food manufacturer. We bring industry-leading innovation to create high-quality, fresh and convenient food to customers and consumers.