Greene King (GNK) PT Lowered to GBX 600

Greene King (LON:GNK) had its price target decreased by Peel Hunt from GBX 625 ($8.37) to GBX 600 ($8.04) in a research note published on Thursday morning. Peel Hunt currently has an add rating on the stock.

A number of other research firms have also issued reports on GNK. Liberum Capital reissued a buy rating and set a GBX 780 ($10.45) price target on shares of Greene King in a report on Wednesday, September 6th. Investec lowered their price target on Greene King from GBX 850 ($11.38) to GBX 667 ($8.93) and set a hold rating on the stock in a report on Friday, September 8th. Shore Capital reissued a buy rating on shares of Greene King in a report on Friday, September 8th. lowered their price target on Greene King from GBX 595 ($7.97) to GBX 510 ($6.83) and set a reduce rating on the stock in a report on Wednesday, September 27th. Finally, J P Morgan Chase & Co lowered their price target on Greene King from GBX 750 ($10.04) to GBX 650 ($8.70) and set a neutral rating on the stock in a report on Monday, September 11th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and four have assigned a buy rating to the stock. The company has a consensus rating of Hold and an average price target of GBX 620 ($8.30).

Greene King (LON GNK) opened at GBX 517 ($6.92) on Thursday. Greene King has a twelve month low of GBX 490.08 ($6.56) and a twelve month high of GBX 768 ($10.29).

Greene King (LON:GNK) last released its quarterly earnings results on Thursday, November 30th. The company reported GBX 33 ($0.44) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of GBX 34 ($0.46) by GBX (1) (($0.01)). Greene King had a return on equity of 7.76% and a net margin of 6.65%. The company had revenue of GBX 103.14 billion for the quarter.

The company also recently disclosed a dividend, which will be paid on Friday, January 19th. Investors of record on Thursday, December 7th will be given a GBX 8.80 ($0.12) dividend. The ex-dividend date of this dividend is Thursday, December 7th. This represents a yield of 1.69%.

WARNING: This news story was first posted by Community Financial News and is the property of of Community Financial News. If you are accessing this news story on another domain, it was copied illegally and reposted in violation of US & international trademark & copyright laws. The legal version of this news story can be viewed at https://www.com-unik.info/2017/12/04/greene-king-gnk-pt-lowered-to-gbx-600.html.

Greene King Company Profile

Greene King plc is an integrated pub retailer and brewer. The Company operates approximately 3,040 managed, tenanted, leased and franchised pubs, restaurants and hotels, including brands, such as Hungry Horse, Chef & Brewer, Flaming Grill, Farmhouse Inns and its Greene King locals estate. The Company’s segments include Pub Company, Pub Partners, and Brewing & Brands.

Analyst Recommendations for Greene King (LON:GNK)

What are top analysts saying about Greene King plc? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Greene King plc and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit