Greencore Group (GNC) Given “Add” Rating at Numis Securities

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Numis Securities restated their add rating on shares of Greencore Group (LON:GNC) in a research report sent to investors on Thursday, ThisIsMoney.Co.Uk reports.

A number of other research firms have also weighed in on GNC. Barclays reiterated an underweight rating on shares of Greencore Group in a report on Wednesday, April 10th. Jefferies Financial Group restated a buy rating on shares of Greencore Group in a report on Tuesday, April 9th. Peel Hunt restated a hold rating on shares of Greencore Group in a report on Monday, April 8th. Berenberg Bank lowered shares of Greencore Group to a hold rating and lowered their price objective for the stock from GBX 230 ($3.01) to GBX 210 ($2.74) in a report on Friday, March 15th. Finally, Shore Capital upgraded shares of Greencore Group to a buy rating in a report on Monday, March 11th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the stock. The stock presently has a consensus rating of Hold and an average target price of GBX 216.25 ($2.83).

Greencore Group stock opened at GBX 227 ($2.97) on Thursday. The company has a quick ratio of 0.34, a current ratio of 2.01 and a debt-to-equity ratio of 74.17. The stock has a market cap of $1.01 billion and a PE ratio of 47.29. Greencore Group has a 1-year low of GBX 154.20 ($2.01) and a 1-year high of GBX 231.60 ($3.03).

Greencore Group Company Profile

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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Analyst Recommendations for Greencore Group (LON:GNC)

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