Greencore Group (LON:GNC) Given “House Stock” Rating at Shore Capital Group

Greencore Group (LON:GNC)‘s stock had its “house stock” rating reiterated by investment analysts at Shore Capital Group in a research report issued to clients and investors on Monday,London Stock Exchange reports.

Other analysts also recently issued research reports about the company. Berenberg Bank reissued a “buy” rating and issued a GBX 351 price target on shares of Greencore Group in a research note on Thursday, June 11th. Jefferies Financial Group restated a “hold” rating and set a GBX 185 target price on shares of Greencore Group in a report on Thursday, May 28th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 325 price target on shares of Greencore Group in a research note on Thursday, May 28th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of GBX 290.25.

Greencore Group Stock Performance

Shares of GNC stock opened at GBX 218.60 on Monday. Greencore Group has a 52 week low of GBX 191.10 and a 52 week high of GBX 307.50. The company has a debt-to-equity ratio of 80.03, a quick ratio of 0.62 and a current ratio of 0.74. The company’s 50 day moving average price is GBX 209.64 and its two-hundred day moving average price is GBX 242.01. The company has a market capitalization of £1.73 billion, a P/E ratio of 78.07, a price-to-earnings-growth ratio of 0.10 and a beta of 0.81.

Insider Transactions at Greencore Group

In other news, insider Dalton Philips acquired 35,700 shares of the firm’s stock in a transaction on Friday, May 29th. The shares were purchased at an average cost of GBX 204 per share, with a total value of £72,828. Also, insider Leslie Van de Walle purchased 125,000 shares of the company’s stock in a transaction dated Tuesday, June 9th. The stock was acquired at an average price of GBX 195 per share, with a total value of £243,750. Over the last quarter, insiders have bought 296,700 shares of company stock worth $59,876,800. Company insiders own 1.14% of the company’s stock.

About Greencore Group

We are a leading manufacturer of convenience food in the UK and our purpose is to make every day taste better. To help us achieve this we have a model called The Greencore Way, which is built on the differentiators of People at the Core, Great Food, Delivery Excellence, Lasting Partnerships and Sustainable Choices – The Greencore Way describes both who we are and how we will succeed.

Greencore is the UK’s leading convenience food manufacturer. We bring industry-leading innovation to create high-quality, fresh and convenient food to customers and consumers.