Shore Capital restated their buy rating on shares of Greencore Group (LON:GNC) in a research note released on Tuesday, Digital Look reports.
A number of other research firms have also recently weighed in on GNC. Jefferies Financial Group reissued a buy rating on shares of Greencore Group in a research report on Tuesday, April 9th. Peel Hunt reissued a hold rating on shares of Greencore Group in a research report on Tuesday. Numis Securities upped their price objective on shares of Greencore Group from GBX 217 ($2.84) to GBX 245 ($3.20) and gave the company an add rating in a research report on Tuesday, May 28th. Barclays reissued an underweight rating on shares of Greencore Group in a research report on Wednesday, July 17th. Finally, HSBC reissued a buy rating on shares of Greencore Group in a research report on Friday, June 28th. One analyst has rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the stock. Greencore Group presently has a consensus rating of Hold and an average target price of GBX 225.71 ($2.95).
Greencore Group stock traded down GBX 4.90 ($0.06) during trading on Tuesday, reaching GBX 211.10 ($2.76). 829,020 shares of the company’s stock were exchanged, compared to its average volume of 8,760,000. The business’s 50-day simple moving average is GBX 220.67. The company has a debt-to-equity ratio of 111.77, a quick ratio of 0.57 and a current ratio of 0.69. Greencore Group has a 52-week low of GBX 160.90 ($2.10) and a 52-week high of GBX 231.60 ($3.03). The company has a market cap of $963.31 million and a price-to-earnings ratio of 14.46.
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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