Leslie Van de Walle Acquires 6,000 Shares of Greencore Group (LON:GNC) Stock

Greencore Group plc (LON:GNC) insider Leslie Van de Walle bought 6,000 shares of the business’s stock in a transaction that occurred on Thursday, May 28th. The shares were bought at an average cost of GBX 214 per share, for a total transaction of £12,840.

Leslie Van de Walle also recently made the following trade(s):

• On Wednesday, May 27th, Leslie Van de Walle acquired 30,000 shares of Greencore Group stock. The stock was acquired at an average price of GBX 227 per share, with a total value of £68,100.

Greencore Group Stock Performance

LON:GNC traded down GBX 6.11 during trading on Friday, reaching GBX 204.49. The company’s stock had a trading volume of 5,513,383 shares, compared to its average volume of 7,404,573. The firm has a market cap of £1.62 billion, a price-to-earnings ratio of 16.23, a price-to-earnings-growth ratio of 0.10 and a beta of 1.18. The company has a debt-to-equity ratio of 80.03, a quick ratio of 0.62 and a current ratio of 0.74. The firm has a 50 day moving average of GBX 242.87 and a 200-day moving average of GBX 252.55. Greencore Group plc has a 12 month low of GBX 202.90 and a 12 month high of GBX 307.50.

Analysts Set New Price Targets

A number of research analysts have recently commented on GNC shares. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 185 price target on shares of Greencore Group in a research report on Thursday. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 325 price objective on shares of Greencore Group in a report on Thursday. Berenberg Bank reissued a “buy” rating and set a GBX 351 price objective on shares of Greencore Group in a report on Friday, May 15th. Finally, Shore Capital Group reissued a “house stock” rating on shares of Greencore Group in a report on Wednesday. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of GBX 290.25.

Key Headlines Impacting Greencore Group

Here are the key news stories impacting Greencore Group this week:

• Positive Sentiment: Multiple insiders bought shares this week, including Chair Leslie Van de Walle, executive director Dalton Philips, and non-executive director Alastair S. N. Murray. Insider buying is often viewed as a sign management believes the stock is undervalued. Article Title
• Positive Sentiment: Greencore reported a profit jump, with the Bakkavor integration supporting UK expansion and improving the company’s growth outlook. Article Title
• Positive Sentiment: Deutsche Bank reaffirmed a buy rating and raised its price target to GBX 325, which is well above the current trading range and signals analyst confidence in upside potential. Article Title
• Neutral Sentiment: Jefferies reaffirmed a hold rating with a GBX 185 price target, offering a more cautious view that partially offsets the bullish calls. Article Title
• Neutral Sentiment: Investors Chronicle highlighted the costs tied to the Bakkavor buyout, suggesting integration expenses and execution risk may still weigh on near-term sentiment. Article Title

About Greencore Group

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.