Greencore Group (LON:GNC) had its target price lowered by equities researchers at Berenberg Bank from GBX 340 ($4.58) to GBX 305 ($4.10) in a research note issued to investors on Monday. The firm currently has a “buy” rating on the stock. Berenberg Bank’s price objective would indicate a potential upside of 40.62% from the stock’s current price.

Other analysts have also issued reports about the company. Shore Capital reissued a “buy” rating on shares of Greencore Group in a report on Thursday, August 24th. Whitman Howard reissued a “buy” rating and set a GBX 310 ($4.17) price objective on shares of Greencore Group in a report on Friday, September 22nd. Peel Hunt reissued a “buy” rating and set a GBX 300 ($4.04) price objective on shares of Greencore Group in a report on Thursday, August 24th. Kepler Capital Markets decreased their price objective on Greencore Group from GBX 300 ($4.04) to GBX 290 ($3.90) and set a “buy” rating for the company in a report on Tuesday, September 19th. Finally, Numis Securities reissued a “buy” rating and set a GBX 300 ($4.04) price objective (up from GBX 285 ($3.84)) on shares of Greencore Group in a report on Thursday, August 24th. Eight investment analysts have rated the stock with a buy rating, The stock has an average rating of “Buy” and an average target price of GBX 298.38 ($4.02).

Greencore Group (LON GNC) opened at GBX 216.90 ($2.92) on Monday. Greencore Group has a one year low of GBX 180.40 ($2.43) and a one year high of GBX 265.30 ($3.57).

In other Greencore Group news, insider Eoin Tonge bought 25,000 shares of the business’s stock in a transaction dated Friday, September 15th. The shares were purchased at an average price of GBX 187 ($2.52) per share, for a total transaction of £46,750 ($62,920.59).

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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.

Analyst Recommendations for Greencore Group (LON:GNC)

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