Shares of Greencore Group plc (LON:GNC) have been given an average recommendation of “Buy” by the ten ratings firms that are currently covering the firm, Marketbeat reports. One analyst has rated the stock with a hold rating and nine have issued a buy rating on the company. The average 12-month target price among brokerages that have covered the stock in the last year is GBX 305.50 ($3.97).
GNC has been the topic of several analyst reports. Whitman Howard reissued a “buy” rating and set a GBX 310 ($4.02) price objective on shares of Greencore Group plc in a research note on Wednesday, April 26th. Jefferies Group LLC reissued a “buy” rating and set a GBX 300 ($3.89) price objective on shares of Greencore Group plc in a research note on Friday, May 12th. Peel Hunt reissued a “buy” rating and set a GBX 300 ($3.89) price objective on shares of Greencore Group plc in a research note on Wednesday, May 24th. Berenberg Bank reduced their price objective on Greencore Group plc from GBX 350 ($4.54) to GBX 340 ($4.41) and set a “buy” rating on the stock in a research note on Friday, May 26th. Finally, Numis Securities Ltd reissued an “add” rating and set a GBX 272 ($3.53) price objective on shares of Greencore Group plc in a research note on Tuesday, May 30th.
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Shares of Greencore Group plc (LON:GNC) traded down 1.82% during trading on Friday, hitting GBX 220.90. The stock had a trading volume of 1,351,599 shares. The company’s market cap is GBX 1.33 billion. The stock has a 50 day moving average of GBX 229.07 and a 200 day moving average of GBX 241.98. Greencore Group plc has a 12 month low of GBX 215.00 and a 12 month high of GBX 304.28.
The company also recently disclosed a dividend, which will be paid on Tuesday, October 3rd. Investors of record on Thursday, June 1st will be paid a GBX 2.10 ($0.03) dividend. The ex-dividend date is Thursday, June 1st. This represents a yield of 0.86%.
About Greencore Group plc
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.
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