Greencore Group’s (GNC) Hold Rating Reiterated at Peel Hunt

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Peel Hunt reiterated their hold rating on shares of Greencore Group (LON:GNC) in a research note released on Friday, ThisIsMoney.Co.Uk reports.

GNC has been the subject of a number of other reports. Berenberg Bank upped their price target on 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. HSBC reaffirmed a buy rating on shares of Greencore Group in a report on Friday, June 28th. Numis Securities upped their price target on 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 reaffirmed an underweight rating on shares of Greencore Group in a report on Wednesday, July 17th. Finally, Shore Capital reaffirmed a buy rating on shares of Greencore Group in a report on Tuesday, July 30th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the stock. The company currently has an average rating of Hold and an average price target of GBX 232.14 ($3.03).

Shares of GNC opened at GBX 229.10 ($2.99) on Friday. The stock has a 50 day moving average price of GBX 212.87 and a 200 day moving average price of GBX 213.08. The company has a quick ratio of 0.57, a current ratio of 0.69 and a debt-to-equity ratio of 111.77. The company has a market capitalization of $1.02 billion and a price-to-earnings ratio of 15.69. Greencore Group has a 52-week low of GBX 160.90 ($2.10) and a 52-week 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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