Greencore Group (LON:GNC)‘s stock had its “buy” rating reissued by investment analysts at Shore Capital in a research report issued on Tuesday, January 30th.
A number of other brokerages also recently issued reports on GNC. Numis Securities reiterated a “buy” rating and set a GBX 300 ($4.14) price target on shares of Greencore Group in a research report on Tuesday, October 3rd. Kepler Capital Markets lowered their price target on Greencore Group from GBX 290 ($4.01) to GBX 250 ($3.45) and set a “buy” rating on the stock in a research report on Wednesday, November 22nd. Berenberg Bank lowered their price target on Greencore Group from GBX 340 ($4.70) to GBX 305 ($4.21) and set a “buy” rating on the stock in a research report on Monday, December 11th. Finally, Barclays started coverage on Greencore Group in a research report on Thursday, January 4th. They set an “overweight” rating and a GBX 253 ($3.50) price target on the stock. Nine investment analysts have rated the stock with a buy rating, The stock presently has an average rating of “Buy” and an average target price of GBX 283.13 ($3.91).
Greencore Group (LON:GNC) traded up GBX 1 ($0.01) during trading on Tuesday, reaching GBX 188 ($2.60). The company had a trading volume of 3,953,196 shares, compared to its average volume of 6,010,000. The firm has a market capitalization of $1,320.00 and a price-to-earnings ratio of 9,400.00. Greencore Group has a 12-month low of GBX 180.40 ($2.49) and a 12-month high of GBX 265.30 ($3.67).
In related news, insider Heather Ann McSharry acquired 10,000 shares of Greencore Group stock in a transaction that occurred on Friday, February 2nd. The shares were purchased at an average price of GBX 193 ($2.67) per share, for a total transaction of £19,300 ($26,664.82). Also, insider Patrick F. Coveney sold 97,978 shares of Greencore Group stock in a transaction that occurred on Monday, December 18th. The stock was sold at an average price of GBX 217 ($3.00), for a total value of £212,612.26 ($293,744.49).
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About Greencore Group
Greencore Group plc is a manufacturer of convenience food. The Company’s segments include Convenience Foods, and Ingredients & Property. The Convenience Foods segment includes Convenience Foods UK and Convenience Foods US. The Convenience Foods segment consists of Food to Go, Prepared Meals, Grocery and US.
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