Greencore Group plc (LON:GNC) has received a consensus recommendation of “Hold” from the eight brokerages that are presently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is GBX 231.67 ($3.03).
A number of brokerages recently issued reports on GNC. Numis Securities upped their price objective on shares of Greencore Group from GBX 217 ($2.84) to GBX 245 ($3.20) and gave the company an “add” rating in a report on Tuesday, May 28th. Barclays reissued an “underweight” rating on shares of Greencore Group in a report on Wednesday, July 17th. Berenberg Bank upped their price objective on shares of Greencore Group from GBX 210 ($2.74) to GBX 250 ($3.27) and gave the company a “hold” rating in a report on Friday, September 6th. Shore Capital reissued a “buy” rating on shares of Greencore Group in a report on Tuesday, July 30th. Finally, Peel Hunt reissued a “hold” rating on shares of Greencore Group in a report on Friday.
Shares of Greencore Group stock traded up GBX 1.70 ($0.02) during trading hours on Friday, reaching GBX 229.10 ($2.99). 1,049,923 shares of the company’s stock were exchanged, compared to its average volume of 8,760,000. Greencore Group has a 1 year low of GBX 160.90 ($2.10) and a 1 year high of GBX 231.60 ($3.03). The company has a market capitalization of $1.02 billion and a P/E ratio of 15.69. The business has a fifty day moving average of GBX 212.78 and a two-hundred day moving average of GBX 212.94. The company has a quick ratio of 0.57, a current ratio of 0.69 and a debt-to-equity ratio of 111.77.
Greencore Group plc manufactures and sells various convenience food products primarily in the United Kingdom. The company provides sandwiches, sushi, salads, chilled ready meals, chilled soups and sauces, chilled quiche, ambient sauces and pickles, frozen Yorkshire puddings, cakes, and desserts. It also trades in Irish ingredients; and invests in properties.
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