Greene King plc (LON:GNK) has earned an average recommendation of “Buy” from the seventeen research firms that are currently covering the stock. Six analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is GBX 972.31 ($12.03).
A number of research firms have commented on GNK. N+1 Singer lowered shares of Greene King plc to a “hold” rating and reduced their price target for the company from GBX 900 ($11.14) to GBX 800 ($9.90) in a research report on Friday, October 7th. Canaccord Genuity restated a “buy” rating and issued a GBX 990 ($12.25) price target on shares of Greene King plc in a research report on Friday, September 16th. Panmure Gordon reduced their price target on shares of Greene King plc from GBX 1,090 ($13.49) to GBX 1,050 ($13.00) and set a “buy” rating on the stock in a research report on Thursday, September 15th. JPMorgan Chase & Co. restated an “overweight” rating on shares of Greene King plc in a research report on Monday, September 12th. Finally, Beaufort Securities restated a “buy” rating on shares of Greene King plc in a research report on Monday, September 12th.
Shares of Greene King plc (LON:GNK) traded up 0.40% during trading on Thursday, hitting GBX 744.00. 1,013,638 shares of the stock traded hands. Greene King plc has a one year low of GBX 719.49 and a one year high of GBX 985.00. The company’s market cap is GBX 2.30 billion. The firm has a 50 day moving average price of GBX 790.25 and a 200-day moving average price of GBX 821.88.
About Greene King plc
Greene King plc is a United Kingdom-based pub and brewing company. The Company is engaged in operating over 3,000 managed, tenanted, leased and franchised pubs, restaurants and hotels, and brewing ales. The Company operates through three segments: Retail, which is engaged in the operation of managed pubs and restaurants; Pub Partners, which is engaged in the operation of tenanted and leased pubs, and Brewing & Brands, which is involved in brewing, marketing and selling beer.
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