Kepler Capital Markets Reaffirms Buy Rating for Greencore Group plc (LON:GNC)
Kepler Capital Markets restated their buy rating on shares of Greencore Group plc (LON:GNC) in a research note released on Thursday. Kepler Capital Markets currently has a GBX 300 ($3.91) price objective on the stock.
Other equities analysts have also issued reports about the company. Berenberg Bank reduced their price objective on Greencore Group plc from GBX 350 ($4.56) to GBX 340 ($4.43) and set a buy rating for the company in a report on Friday, May 26th. Whitman Howard reissued a buy rating and set a GBX 310 ($4.04) price objective on shares of Greencore Group plc in a report on Thursday, July 20th. Numis Securities Ltd reissued an add rating and set a GBX 272 ($3.54) price objective on shares of Greencore Group plc in a report on Tuesday, May 30th. Peel Hunt reissued a buy rating and set a GBX 300 ($3.91) price objective on shares of Greencore Group plc in a report on Thursday. Finally, Shore Capital reissued a buy rating on shares of Greencore Group plc in a report on Wednesday, May 31st. One research analyst has rated the stock with a hold rating and nine have issued a buy rating to the stock. The stock currently has an average rating of Buy and a consensus target price of GBX 305.50 ($3.98).
Shares of Greencore Group plc (GNC) opened at 223.80 on Thursday. The firm’s market capitalization is GBX 1.35 billion. The company’s 50-day moving average price is GBX 239.56 and its 200 day moving average price is GBX 243.41. Greencore Group plc has a 12-month low of GBX 215.00 and a 12-month high of GBX 304.28.
The business also recently announced a dividend, which will be paid on Tuesday, October 3rd. Shareholders of record on Thursday, June 1st will be given a dividend of GBX 2.10 ($0.03) per share. The ex-dividend date is Thursday, June 1st. This represents a dividend yield of 0.86%.
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.
Receive News & Ratings for Greencore Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Greencore Group plc and related companies with Analyst Ratings Network's FREE daily email newsletter.