Greencore Group’s (GNC) Buy Rating Reiterated at Jefferies Financial Group
Jefferies Financial Group reissued their buy rating on shares of Greencore Group (LON:GNC) in a research report released on Tuesday, ThisIsMoney.Co.Uk reports.
GNC has been the topic of several other research reports. Shore Capital reaffirmed an under review rating on shares of Greencore Group in a research report on Tuesday, January 29th. Peel Hunt reaffirmed a hold rating on shares of Greencore Group in a research report on Tuesday, January 29th. Berenberg Bank downgraded Greencore Group to a hold rating and dropped their price target for the stock from GBX 230 ($3.01) to GBX 210 ($2.74) in a research report on Friday, March 15th. HSBC assumed coverage on Greencore Group in a research report on Friday, January 25th. They set a buy rating and a GBX 270 ($3.53) price target on the stock. Finally, Kepler Capital Markets downgraded Greencore Group to a hold rating and dropped their price target for the stock from GBX 225 ($2.94) to GBX 200 ($2.61) in a research report on Thursday, January 24th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the stock. The company presently has a consensus rating of Hold and an average price target of GBX 216.25 ($2.83).
Shares of Greencore Group stock opened at GBX 207.70 ($2.71) on Tuesday. The firm has a market capitalization of $920.92 million and a price-to-earnings ratio of 43.27. The company has a debt-to-equity ratio of 74.17, a quick ratio of 0.34 and a current ratio of 2.01. Greencore Group has a 52 week low of GBX 141.30 ($1.85) and a 52 week high of GBX 225.10 ($2.94).
About Greencore Group
Greencore Group plc manufactures and sells various convenience food products primarily in the United Kingdom. The company provides sandwiches, sushi, salads, chilled ready meals, chilled soups and sauces, chilled quiche, ambient sauces and pickles, frozen Yorkshire puddings, cakes, and desserts. It also trades in Irish ingredients; and invests in properties.
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