Greencore Group (GNC) Earns Hold Rating from Peel Hunt
A number of other equities analysts also recently issued reports on the company. Kepler Capital Markets reaffirmed a buy rating on shares of Greencore Group in a research report on Tuesday. Berenberg Bank reaffirmed a buy rating and set a GBX 230 ($3.01) price target on shares of Greencore Group in a research report on Wednesday, August 1st. Numis Securities reaffirmed an add rating on shares of Greencore Group in a research report on Tuesday, July 31st. Finally, Shore Capital reaffirmed a hold rating on shares of Greencore Group in a research report on Tuesday, July 31st. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Greencore Group presently has an average rating of Buy and a consensus target price of GBX 211.67 ($2.77).
Shares of GNC stock traded down GBX 3 ($0.04) during trading hours on Friday, reaching GBX 195 ($2.55). 12,642,699 shares of the company’s stock were exchanged, compared to its average volume of 8,760,000. Greencore Group has a fifty-two week low of GBX 120 ($1.57) and a fifty-two week high of GBX 263 ($3.44).
Greencore Group plc produces and sells various food products primarily in the United Kingdom and the United States. It operates through Convenience Foods UK & Ireland, Convenience Foods US, and Ingredients and Property segments. The company provides sandwiches, wraps, rolls, sub-rolls, flatbreads, baguettes, bagels, prepared salads, and sushi products; and prepared meals, such as chilled ready meals, chilled sauces and soups, and quiches.
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