GNK has been the subject of several other reports. Shore Capital reaffirmed a buy rating on shares of Greene King in a research report on Thursday, November 30th. Canaccord Genuity decreased their price objective on Greene King from GBX 550 ($7.35) to GBX 520 ($6.95) and set a hold rating for the company in a research note on Friday, December 1st. Deutsche Bank decreased their price objective on Greene King from GBX 830 ($11.10) to GBX 740 ($9.89) and set a buy rating for the company in a research note on Wednesday, October 18th. JPMorgan Chase & Co. decreased their price objective on Greene King from GBX 750 ($10.03) to GBX 650 ($8.69) and set a neutral rating for the company in a research note on Monday, September 11th. Finally, Numis Securities reiterated a hold rating and issued a GBX 595 ($7.96) price objective on shares of Greene King in a research note on Thursday, November 30th. Four investment analysts have rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average price target of GBX 594.09 ($7.94).
Greene King (LON GNK) opened at GBX 579.20 ($7.74) on Friday. The firm has a market capitalization of $1,800.00 and a PE ratio of 1,034.29. Greene King has a 52-week low of GBX 490.08 ($6.55) and a 52-week high of GBX 768 ($10.27).
The firm also recently announced a dividend, which will be paid on Friday, January 19th. Investors of record on Thursday, December 7th will be paid a dividend of GBX 8.80 ($0.12) per share. This represents a yield of 1.69%. The ex-dividend date of this dividend is Thursday, December 7th.
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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.
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