Greencore Group (LON:GNC) Given “Buy” Rating at Deutsche Bank Aktiengesellschaft

Greencore Group (LON:GNC)‘s stock had its “buy” rating reiterated by analysts at Deutsche Bank Aktiengesellschaft in a note issued to investors on Thursday,Digital Look reports. They presently have a GBX 325 price objective on the stock. Deutsche Bank Aktiengesellschaft’s price target would suggest a potential upside of 54.17% from the stock’s previous close.

Several other equities analysts also recently commented on the stock. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 185 price objective on shares of Greencore Group in a research note on Thursday. Berenberg Bank reaffirmed a “buy” rating and set a GBX 351 price objective on shares of Greencore Group in a research note on Friday, May 15th. Finally, Shore Capital Group reaffirmed a “house stock” rating on shares of Greencore Group in a research note on Wednesday. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Greencore Group currently has a consensus rating of “Moderate Buy” and an average price target of GBX 290.25.

Greencore Group Price Performance

Shares of Greencore Group stock opened at GBX 210.80 on Thursday. The firm has a market cap of £1.67 billion, a PE ratio of 16.73, a price-to-earnings-growth ratio of 0.10 and a beta of 0.84. Greencore Group has a 12-month low of GBX 210.23 and a 12-month high of GBX 307.50. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 42.22. The company’s fifty day simple moving average is GBX 243.80 and its two-hundred day simple moving average is GBX 252.65.

Insider Activity at Greencore Group

In other Greencore Group news, insider Leslie Van de Walle bought 30,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 27th. The stock was bought at an average price of GBX 227 per share, for a total transaction of £68,100. 1.10% of the stock is currently owned by corporate insiders.

Greencore Group Company Profile

We are a leading manufacturer of convenience food in the UK and our purpose is to make every day taste better. To help us achieve this we have a model called The Greencore Way, which is built on the differentiators of People at the Core, Great Food, Delivery Excellence, Lasting Partnerships and Sustainable Choices – The Greencore Way describes both who we are and how we will succeed.

Greencore is the UK’s leading convenience food manufacturer. We bring industry-leading innovation to create high-quality, fresh and convenient food to customers and consumers.