A number of other research analysts also recently commented on GNC. Berenberg Bank lowered their target price on Greencore Group from GBX 305 ($4.21) to GBX 250 ($3.45) and set a buy rating on the stock in a research note on Monday, March 5th. Numis Securities lowered their target price on Greencore Group from GBX 300 ($4.14) to GBX 275 ($3.80) and set a buy rating on the stock in a research note on Wednesday, January 31st. Kepler Capital Markets restated a buy rating and issued a GBX 250 ($3.45) target price on shares of Greencore Group in a research note on Tuesday, January 30th. Shore Capital restated an under review rating on shares of Greencore Group in a research note on Tuesday, November 28th. Finally, Barclays restated an overweight rating and issued a GBX 253 ($3.50) target price on shares of Greencore Group in a research note on Wednesday, January 31st. One analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The company presently has an average rating of Buy and an average target price of GBX 276.25 ($3.82).
Greencore Group (GNC) opened at GBX 121.05 ($1.67) on Tuesday. Greencore Group has a twelve month low of GBX 120 ($1.66) and a twelve month high of GBX 263 ($3.63). The firm has a market capitalization of $855.22 and a price-to-earnings ratio of 6,052.50.
About Greencore Group
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.
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