Greencore Group (LON:GNC) Reaches New 52-Week High at $191.30

Greencore Group plc (LON:GNC) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 191.30 ($2.53) and last traded at GBX 183.80 ($2.43), with a volume of 289120 shares traded. The stock had previously closed at GBX 183.40 ($2.42).

Analysts Set New Price Targets

Several analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft reiterated a “sell” rating and set a GBX 130 ($1.72) target price on shares of Greencore Group in a report on Thursday, September 12th. Shore Capital reissued a “house stock” rating on shares of Greencore Group in a report on Wednesday, July 24th.

Greencore Group Stock Performance

The firm has a market cap of £827.49 million, a price-to-earnings ratio of 1,672.73, a P/E/G ratio of 0.10 and a beta of 1.19. The company has a quick ratio of 0.62, a current ratio of 0.79 and a debt-to-equity ratio of 78.73. The stock has a 50 day moving average of GBX 179.14 and a 200 day moving average of GBX 154.36.

About Greencore Group

Greencore Group plc, together with its subsidiaries, manufactures and sells convenience food products in the United Kingdom and Ireland. The company offers sandwiches, salads, sushi, chilled snacking, chilled ready meals, chilled soups and sauces, chilled quiche, ambient sauces and pickles, and frozen Yorkshire Puddings.