Greencore Group plc (LON:GNC) Insider Acquires £86,360 in Stock

Greencore Group plc (LON:GNC) insider Patrick F. Coveney acquired 68,000 shares of the company’s stock in a transaction dated Wednesday, March 14th. The shares were bought at an average price of GBX 127 ($1.78) per share, for a total transaction of £86,360 ($121,224.03).

Shares of LON:GNC traded up GBX 0.75 ($0.01) during trading on Friday, reaching GBX 135.10 ($1.90). The company had a trading volume of 8,719,060 shares, compared to its average volume of 8,760,000. Greencore Group plc has a 12 month low of GBX 120 ($1.68) and a 12 month high of GBX 263 ($3.69).

How to Become a New Pot Stock Millionaire

GNC has been the subject of a number of recent analyst reports. Berenberg Bank reduced their price objective on shares of Greencore Group from GBX 250 ($3.51) to GBX 225 ($3.16) and set a “buy” rating for the company in a research report on Friday, March 16th. Davy Research downgraded shares of Greencore Group to a “neutral” rating in a research report on Wednesday, March 14th. Kepler Capital Markets reduced their target price on shares of Greencore Group from GBX 250 ($3.51) to GBX 210 ($2.95) and set a “buy” rating for the company in a research report on Wednesday, March 14th. Numis Securities downgraded shares of Greencore Group to a “hold” rating in a research report on Wednesday, March 14th. Finally, Barclays restated an “overweight” rating and set a GBX 180 ($2.53) price target on shares of Greencore Group in a research note on Wednesday, March 14th. Three research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of GBX 259 ($3.64).

ILLEGAL ACTIVITY NOTICE: This story was first reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are reading this story on another site, it was copied illegally and reposted in violation of United States and international copyright & trademark law. The original version of this story can be viewed at https://www.dispatchtribunal.com/2018/04/07/patrick-f-coveney-purchases-68000-shares-of-greencore-group-plc-gnc-stock.html.

Greencore Group Company Profile

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.

Insider Buying and Selling by Quarter for Greencore Group (LON:GNC)

Receive News & Ratings for Greencore Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Greencore Group and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply