Greencore Group plc (LON:GNC)‘s stock had its “buy” rating restated by Peel Hunt in a note issued to investors on Thursday. They presently have a GBX 300 ($3.89) price objective on the stock. Peel Hunt’s price objective would indicate a potential upside of 50.08% from the stock’s current price.
GNC has been the subject of several other reports. Shore Capital reaffirmed a “buy” rating on shares of Greencore Group plc in a research note on Thursday. Whitman Howard reaffirmed a “buy” rating and set a GBX 310 ($4.02) target price on shares of Greencore Group plc in a research note on Wednesday, April 26th. Numis Securities Ltd reaffirmed a “buy” rating and set a GBX 300 ($3.89) target price (up from GBX 285 ($3.70)) on shares of Greencore Group plc in a research note on Thursday. Jefferies Group LLC reaffirmed a “buy” rating and set a GBX 300 ($3.89) target price on shares of Greencore Group plc in a research note on Friday, May 12th. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 340 ($4.41) target price on shares of Greencore Group plc in a research note on Friday, July 28th. Ten research analysts have rated the stock with a buy rating, Greencore Group plc currently has an average rating of “Buy” and an average price target of GBX 309 ($4.01).
Greencore Group plc (LON GNC) opened at 199.90 on Thursday. Greencore Group plc has a 52 week low of GBX 182.30 and a 52 week high of GBX 304.28. The company’s market capitalization is GBX 1.21 billion. The stock has a 50 day moving average price of GBX 223.85 and a 200-day moving average price of GBX 240.83.
ILLEGAL ACTIVITY NOTICE: “Greencore Group plc (GNC) Stock Rating Reaffirmed by Peel Hunt” was first published by StockNewsTimes and is the sole property of of StockNewsTimes. If you are reading this news story on another website, it was stolen and reposted in violation of US and international copyright & trademark laws. The correct version of this news story can be accessed at https://stocknewstimes.com/2017/08/26/greencore-group-plc-gnc-stock-rating-reaffirmed-by-peel-hunt.html.
In related news, insider Patrick Gary Kennedy acquired 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 24th. The stock was bought at an average price of GBX 196 ($2.54) per share, for a total transaction of £19,600 ($25,444.63). Also, insider Thomas Sampson acquired 35,000 shares of the firm’s stock in a transaction that occurred on Friday, August 25th. The shares were bought at an average price of GBX 196 ($2.54) per share, with a total value of £68,600 ($89,056.21).
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.
Receive News & Ratings for Greencore Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Greencore Group plc and related companies with MarketBeat.com's FREE daily email newsletter.
