Patrick F. Coveney Sells 97,978 Shares of Greencore Group plc (GNC) Stock

Greencore Group plc (LON:GNC) insider Patrick F. Coveney sold 97,978 shares of the firm’s stock in a transaction that occurred on Monday, December 18th. The shares were sold at an average price of GBX 217 ($2.92), for a total value of £212,612.26 ($286,153.78).

Shares of Greencore Group plc (LON:GNC) opened at GBX 219.20 ($2.95) on Tuesday. Greencore Group plc has a fifty-two week low of GBX 180.40 ($2.43) and a fifty-two week high of GBX 265.30 ($3.57).

The firm also recently disclosed a dividend, which will be paid on Thursday, April 5th. Stockholders of record on Thursday, December 7th will be issued a dividend of GBX 3.37 ($0.05) per share. This is a boost from Greencore Group’s previous dividend of $2.10. The ex-dividend date of this dividend is Thursday, December 7th. This represents a dividend yield of 1.59%.

GNC has been the subject of several research analyst reports. Shore Capital reaffirmed a “buy” rating on shares of Greencore Group in a research note on Thursday, August 24th. Kepler Capital Markets dropped their price objective on Greencore Group from GBX 290 ($3.90) to GBX 250 ($3.36) and set a “buy” rating for the company in a research note on Wednesday, November 22nd. Numis Securities reaffirmed a “buy” rating and issued a GBX 300 ($4.04) price objective (up from GBX 285 ($3.84)) on shares of Greencore Group in a research note on Thursday, August 24th. Whitman Howard reiterated a “buy” rating and set a GBX 310 ($4.17) target price on shares of Greencore Group in a report on Thursday, August 24th. Finally, Peel Hunt reiterated a “buy” rating and set a GBX 300 ($4.04) target price on shares of Greencore Group in a report on Thursday, August 24th. Eight investment analysts have rated the stock with a buy rating, Greencore Group presently has a consensus rating of “Buy” and a consensus price target of GBX 298.38 ($4.02).

COPYRIGHT VIOLATION WARNING: “Patrick F. Coveney Sells 97,978 Shares of Greencore Group plc (GNC) Stock” was originally reported by Sports Perspectives and is owned by of Sports Perspectives. If you are accessing this story on another domain, it was copied illegally and republished in violation of international trademark and copyright legislation. The legal version of this story can be viewed at https://sportsperspectives.com/2017/12/19/patrick-f-coveney-sells-97978-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.

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.

Latest News

Leave a Reply