Greene King plc (GNK) Earns Buy Rating from Liberum Capital
Liberum Capital restated their buy rating on shares of Greene King plc (LON:GNK) in a research note issued to investors on Monday morning. The firm currently has a GBX 720 ($9.47) price objective on the stock.
Several other analysts have also recently issued reports on the stock. cut shares of Greene King plc to a reduce rating and lowered their target price for the stock from GBX 680 ($8.94) to GBX 595 ($7.83) in a research note on Friday, September 1st. Investec decreased their price target on shares of Greene King plc from GBX 850 ($11.18) to GBX 667 ($8.77) and set a hold rating on the stock in a report on Friday, September 8th. Shore Capital reissued a buy rating on shares of Greene King plc in a report on Friday, September 8th. Barclays PLC reissued an overweight rating on shares of Greene King plc in a report on Monday, September 11th. Finally, Peel Hunt reissued an add rating and issued a GBX 750 ($9.86) price target on shares of Greene King plc in a report on Friday, September 8th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the company’s stock. The stock has an average rating of Hold and an average target price of GBX 712.50 ($9.37).
Shares of Greene King plc (LON:GNK) opened at GBX 518 ($6.81) on Monday. Greene King plc has a 52 week low of GBX 515 ($6.77) and a 52 week high of GBX 773.78 ($10.18).
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About Greene King plc
Greene King plc is an integrated pub retailer and brewer. The Company operates approximately 3,040 managed, tenanted, leased and franchised pubs, restaurants and hotels, including brands, such as Hungry Horse, Chef & Brewer, Flaming Grill, Farmhouse Inns and its Greene King locals estate. The Company’s segments include Pub Company, Pub Partners, and Brewing & Brands.
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