Greencore Group (LON:GNC)‘s stock had its “hold” rating reaffirmed by stock analysts at Numis Securities in a research note issued to investors on Thursday, May 10th.
GNC has been the subject of a number of other reports. Berenberg Bank reduced their target price on shares of Greencore Group from GBX 305 ($4.09) to GBX 250 ($3.35) and set a “buy” rating for the company in a research note on Monday, March 5th. Kepler Capital Markets reissued a “buy” rating and set a GBX 250 ($3.35) target price on shares of Greencore Group in a research note on Tuesday, January 30th. Shore Capital reissued a “buy” rating on shares of Greencore Group in a research note on Tuesday, January 30th. Barclays reissued an “overweight” rating and set a GBX 253 ($3.39) target price on shares of Greencore Group in a research note on Wednesday, February 14th. Finally, Davy Research lowered shares of Greencore Group to a “neutral” rating in a research note on Wednesday, March 14th. Four investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of GBX 259 ($3.48).
Shares of LON GNC traded up GBX 1 ($0.01) during midday trading on Thursday, hitting GBX 184.50 ($2.48). The company’s stock had a trading volume of 12,317,158 shares, compared to its average volume of 8,760,000. Greencore Group has a 1-year low of GBX 120 ($1.61) and a 1-year high of GBX 263 ($3.53).
Greencore Group Company Profile
Greencore Group plc produces and sells various food products primarily in the United Kingdom and the United States. It operates through Convenience Foods UK & Ireland, Convenience Foods US, and Ingredients and Property segments. The company provides sandwiches, wraps, rolls, sub-rolls, flatbreads, baguettes, bagels, prepared salads, and sushi products; and prepared meals, such as chilled ready meals, chilled sauces and soups, and quiches.
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