Greencore Group (LON:GNC) had its price target increased by Jefferies Financial Group from GBX 250 ($3.27) to GBX 295 ($3.85) in a research note issued to investors on Friday, ThisIsMoney.Co.Uk reports. They currently have a buy rating on the stock.
Several other equities research analysts have also recently issued reports on the stock. Berenberg Bank lifted their target price on shares of Greencore Group from GBX 210 ($2.74) to GBX 250 ($3.27) and gave the stock a hold rating in a research note on Friday, September 6th. Barclays lifted their target price on shares of Greencore Group from GBX 205 ($2.68) to GBX 215 ($2.81) and gave the stock an underweight rating in a research note on Thursday. Numis Securities reaffirmed an add rating on shares of Greencore Group in a research note on Monday, September 30th. Peel Hunt reaffirmed a hold rating and set a GBX 220 ($2.87) target price on shares of Greencore Group in a research note on Tuesday, November 26th. Finally, Shore Capital reaffirmed a house stock rating on shares of Greencore Group in a research note on Thursday, November 14th. One 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. The company has a consensus rating of Hold and a consensus price target of GBX 239.38 ($3.13).
Shares of GNC opened at GBX 242.90 ($3.17) on Friday. Greencore Group has a 52-week low of GBX 160.90 ($2.10) and a 52-week high of GBX 249.40 ($3.26). 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 firm’s fifty day moving average is GBX 239.10 and its two-hundred day moving average is GBX 222.86. The stock has a market cap of $1.08 billion and a PE ratio of 16.64.
About Greencore Group
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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