Berenberg Bank Upgrades Greencore Group (OTCMKTS:GNCGY) to “Strong-Buy”

Greencore Group (OTCMKTS:GNCGY) was upgraded by equities research analysts at Berenberg Bank to a “strong-buy” rating in a report released on Monday,Zacks.com reports.

Greencore Group Stock Performance

Shares of GNCGY stock remained flat at $13.00 during trading hours on Monday. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.68 and a quick ratio of 0.57. The firm has a 50-day moving average price of $13.07 and a two-hundred day moving average price of $13.34. Greencore Group has a one year low of $8.56 and a one year high of $15.25.

Greencore Group Company Profile

Greencore Group plc is a leading manufacturer of convenience foods, specializing in ready-to-eat sandwiches, salads, soups, and other chilled and frozen meal solutions. Headquartered in Dublin, Ireland, the company serves major grocery retailers, foodservice operators, and export markets across the United Kingdom, Ireland, and the United States. Its product portfolio spans breakfast items, on-the-go snacks, and meal components designed to meet evolving consumer demands for freshness, quality, and convenience.

Established in 1991 following the privatization of state-owned food interests in Ireland, Greencore has grown through strategic acquisitions and organic expansion.