Greencore Group plc (GNC) Stock Rating Reaffirmed by Whitman Howard

Greencore Group plc (LON:GNC)‘s stock had its “buy” rating reiterated by stock analysts at Whitman Howard in a report released on Friday, May 12th. They currently have a GBX 310 ($3.92) price objective on the stock. Whitman Howard’s price objective would suggest a potential upside of 24.70% from the stock’s previous close.

Several other research firms have also issued reports on GNC. Shore Capital reiterated a “buy” rating on shares of Greencore Group plc in a research note on Tuesday, March 28th. Berenberg Bank reiterated a “buy” rating and issued a GBX 350 ($4.43) target price on shares of Greencore Group plc in a research note on Thursday, February 9th. Peel Hunt reiterated a “buy” rating and issued a GBX 300 ($3.80) target price on shares of Greencore Group plc in a research note on Wednesday, March 29th. Jefferies Group LLC started coverage on Greencore Group plc in a research note on Thursday, January 19th. They issued a “buy” rating and a GBX 300 ($3.80) target price on the stock. Finally, Numis Securities Ltd upgraded Greencore Group plc to a “buy” rating and set a GBX 285 ($3.61) target price on the stock in a research note on Wednesday, February 1st. One analyst has rated the stock with a hold rating and nine have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of GBX 318.38 ($4.03).

Analyst Recommendations for Greencore Group plc (LON:GNC)

Shares of Greencore Group plc (LON GNC) traded up 1.51% during midday trading on Friday, reaching GBX 248.60. 3,576,933 shares of the company’s stock traded hands. Greencore Group plc has a one year low of GBX 193.26 and a one year high of GBX 304.28. The firm’s market capitalization is GBX 1.50 billion. The stock’s 50-day moving average price is GBX 238.54 and its 200 day moving average price is GBX 243.29.

The firm also recently declared a dividend, which will be paid on Tuesday, October 3rd. Stockholders of record on Thursday, June 1st will be paid a dividend of GBX 2.10 ($0.03) per share. The ex-dividend date of this dividend is Thursday, June 1st. This represents a dividend yield of 0.86%.

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Greencore Group plc Company Profile

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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