Greencore Group (LON:GNC)‘s stock had its “hold” rating reiterated by research analysts at Peel Hunt in a research note issued on Wednesday, ThisIsMoney.Co.Uk reports.
A number of other equities research analysts have also recently weighed in on GNC. Berenberg Bank raised their price target on Greencore Group from GBX 210 ($2.76) to GBX 250 ($3.29) and gave the company a “hold” rating in a report on Friday, September 6th. Shore Capital reaffirmed a “house stock” rating on shares of Greencore Group in a report on Thursday, November 14th. Barclays raised their price target on Greencore Group from GBX 205 ($2.70) to GBX 215 ($2.83) and gave the company an “underweight” rating in a report on Thursday, November 28th. Peel Hunt reaffirmed a “hold” rating and set a GBX 220 ($2.89) price target on shares of Greencore Group in a report on Friday, November 29th. Finally, Numis Securities reissued an “add” rating on shares of Greencore Group in a research note on Monday, September 30th. One research analyst has rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company’s stock. Greencore Group currently has a consensus rating of “Hold” and a consensus price target of GBX 239.38 ($3.15).
GNC stock opened at GBX 267.50 ($3.52) on Wednesday. The business has a fifty day moving average price of GBX 242.68 and a 200 day moving average price of GBX 224.55. Greencore Group has a fifty-two week low of GBX 160.90 ($2.12) and a fifty-two week high of GBX 251.60 ($3.31). The stock has a market capitalization of $1.14 billion and a price-to-earnings ratio of 13.51. The company has a debt-to-equity ratio of 108.90, a current ratio of 0.69 and a quick ratio of 0.53.
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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