Greencore Group plc (LON:GNC) had its target price dropped by stock analysts at Kepler Capital Markets from GBX 290 ($3.81) to GBX 250 ($3.29) in a research report issued on Wednesday. The firm presently has a “buy” rating on the stock. Kepler Capital Markets’ target price indicates a potential upside of 27.49% from the stock’s current price.

A number of other equities research analysts also recently issued reports on GNC. Whitman Howard reaffirmed a “buy” rating and set a GBX 310 ($4.08) price target on shares of Greencore Group plc in a research note on Friday, September 29th. Shore Capital reissued a “buy” rating on shares of Greencore Group plc in a research note on Thursday, July 27th. Numis Securities Ltd reissued a “buy” rating and issued a GBX 300 ($3.95) target price on shares of Greencore Group plc in a research note on Tuesday, October 3rd. Peel Hunt reissued a “buy” rating and issued a GBX 300 ($3.95) target price on shares of Greencore Group plc in a research note on Thursday, August 24th. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 340 ($4.47) target price on shares of Greencore Group plc in a research note on Friday, July 28th. Nine analysts have rated the stock with a buy rating, The company currently has a consensus rating of “Buy” and an average price target of GBX 302.75 ($3.98).

Shares of Greencore Group plc (LON:GNC) opened at GBX 196.10 ($2.58) on Wednesday. Greencore Group plc has a 12 month low of GBX 180.40 ($2.37) and a 12 month high of GBX 265.30 ($3.49).

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In related news, insider Thomas Sampson purchased 35,000 shares of Greencore Group plc stock in a transaction that occurred on Friday, August 25th. The shares were bought at an average price of GBX 196 ($2.58) per share, with a total value of £68,600 ($90,227.54). Also, insider Eoin Tonge purchased 25,000 shares of Greencore Group plc stock in a transaction that occurred on Friday, September 15th. The stock was bought at an average cost of GBX 187 ($2.46) per share, for a total transaction of £46,750 ($61,488.89). Insiders purchased a total of 89,500 shares of company stock worth $17,356,000 in the last ninety days.

About Greencore Group plc

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 plc (LON:GNC)

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