Greencore Group plc (LON:GNC) had its target price cut by Kepler Capital Markets from GBX 300 ($4.04) to GBX 290 ($3.91) in a research note released on Tuesday morning. They currently have a buy rating on the stock.

Other equities analysts have also issued research reports about the company. Whitman Howard reaffirmed a buy rating and issued a GBX 310 ($4.18) price target on shares of Greencore Group plc in a research report on Thursday, July 20th. Berenberg Bank lowered their price target on Greencore Group plc from GBX 350 ($4.72) to GBX 340 ($4.58) and set a buy rating for the company in a research report on Friday, May 26th. Shore Capital reiterated a buy rating on shares of Greencore Group plc in a report on Thursday, July 27th. Finally, Numis Securities Ltd reiterated an add rating and issued a GBX 272 ($3.67) price objective on shares of Greencore Group plc in a report on Tuesday, May 30th. Ten equities research analysts have rated the stock with a buy rating, The company has an average rating of Buy and an average price target of GBX 307.75 ($4.15).

Greencore Group plc (LON:GNC) opened at 191.90 on Tuesday. The firm’s market cap is GBX 1.16 billion. The stock has a 50 day moving average of GBX 210.01 and a 200-day moving average of GBX 234.61. Greencore Group plc has a 12 month low of GBX 182.30 and a 12 month high of GBX 288.25.

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In related news, insider Thomas Sampson acquired 35,000 shares of the business’s stock in a transaction that occurred on Friday, August 25th. The stock was bought at an average cost of GBX 196 ($2.64) per share, for a total transaction of £68,600 ($92,490.23). Also, insider Patrick Gary Kennedy acquired 10,000 shares of the business’s stock in a transaction that occurred on Thursday, August 24th. The shares were bought at an average price of GBX 196 ($2.64) per share, with a total value of £19,600 ($26,425.78). Over the last 90 days, insiders have acquired 89,500 shares of company stock valued at $17,356,000.

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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