Greencore Group plc (LON:GNC)‘s stock had its “buy” rating reissued by Jefferies Group in a research report issued to clients and investors on Wednesday. They currently have a GBX 410 ($5.35) price objective on the stock. Jefferies Group’s price objective indicates a potential upside of 22.64% from the stock’s previous close.
A number of other research analysts also recently weighed in on GNC. Berenberg Bank lowered their price target on Greencore Group plc from GBX 450 ($5.87) to GBX 440 ($5.74) and set a “buy” rating on the stock in a report on Wednesday, June 1st. Peel Hunt reiterated an “add” rating and set a GBX 425 ($5.55) price target on shares of Greencore Group plc in a report on Tuesday, July 26th. HSBC reiterated a “buy” rating and set a GBX 390 ($5.09) price target on shares of Greencore Group plc in a report on Friday, June 3rd. Societe Generale reiterated a “buy” rating and set a GBX 400 ($5.22) price target on shares of Greencore Group plc in a report on Wednesday, July 27th. Finally, Goodbody reiterated a “buy” rating on shares of Greencore Group plc in a report on Wednesday, June 8th. Two analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Greencore Group plc currently has an average rating of “Buy” and a consensus price target of GBX 405.57 ($5.29).
Shares of Greencore Group plc (LON:GNC) opened at 334.30 on Wednesday. Greencore Group plc has a 52 week low of GBX 235.00 and a 52 week high of GBX 396.70. The firm’s market cap is GBX 1.36 billion. The firm’s 50-day moving average price is GBX 347.14 and its 200-day moving average price is GBX 344.27.
Greencore Group plc Company Profile
Greencore Group plc is engaged in international convenience food business. The Company’s segments are Convenience Foods, and Ingredients and Property. The Company’s Convenience Foods segment is engaged in production and sale of convenience foods. The Ingredients and Property segment is engaged in distribution of edible oils and molasses, and the management of the Company’s surplus property assets.
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