Greene King plc (GNK) Stock Rating Reaffirmed by Shore Capital

Greene King plc (LON:GNK)‘s stock had its “buy” rating reiterated by analysts at Shore Capital in a report released on Friday.

A number of other equities research analysts have also recently weighed in on the company. J P Morgan Chase & Co reduced their price objective on Greene King plc from GBX 950 ($11.87) to GBX 830 ($10.37) and set an “overweight” rating for the company in a research note on Thursday, December 1st. Investec reiterated a “buy” rating and issued a GBX 882 ($11.02) price objective on shares of Greene King plc in a research note on Wednesday, November 16th. Beaufort Securities reissued a “buy” rating on shares of Greene King plc in a report on Thursday, December 1st. Barclays PLC dropped their target price on Greene King plc from GBX 910 ($11.37) to GBX 770 ($9.62) and set an “overweight” rating on the stock in a report on Thursday, February 2nd. Finally, Deutsche Bank AG reissued a “buy” rating and issued a GBX 950 ($11.87) target price on shares of Greene King plc in a report on Thursday, December 8th. Four analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of GBX 876 ($10.95).

Analyst Recommendations for Greene King plc (LON:GNK)

Shares of Greene King plc (LON:GNK) remained flat at GBX 664.00 on Friday. 2,193,748 shares of the company traded hands. Greene King plc has a 12-month low of GBX 646.50 and a 12-month high of GBX 914.00. The firm’s 50 day moving average is GBX 694.23 and its 200 day moving average is GBX 739.91. The firm’s market cap is GBX 2.05 billion.

The company also recently announced a dividend, which was paid on Friday, January 20th. Shareholders of record on Thursday, December 15th were issued a GBX 8.80 ($0.11) dividend. This represents a yield of 1.28%. The ex-dividend date was Thursday, December 15th.

This piece was reported by Daily Political and is the property of of Daily Political. If you are reading this piece on another website, it was illegally stolen and reposted in violation of international trademark and copyright legislation. The correct version of this piece can be read at http://www.dailypolitical.com/2017/02/16/greene-king-plc-gnk-stock-rating-reaffirmed-by-shore-capital.html.

In other Greene King plc news, insider Rooney Anand sold 63,364 shares of the company’s stock in a transaction on Friday, December 9th. The stock was sold at an average price of GBX 686 ($8.57), for a total value of £434,677.04 ($543,210.50).

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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Greene King plc (GNK) Stock Rating Reaffirmed by Shore Capital

Greene King plc (LON:GNK)‘s stock had its “buy” rating reiterated by analysts at Shore Capital in a report released on Friday.

A number of other equities research analysts have also recently weighed in on the company. J P Morgan Chase & Co reduced their price objective on Greene King plc from GBX 950 ($11.87) to GBX 830 ($10.37) and set an “overweight” rating for the company in a research note on Thursday, December 1st. Investec reiterated a “buy” rating and issued a GBX 882 ($11.02) price objective on shares of Greene King plc in a research note on Wednesday, November 16th. Beaufort Securities reissued a “buy” rating on shares of Greene King plc in a report on Thursday, December 1st. Barclays PLC dropped their target price on Greene King plc from GBX 910 ($11.37) to GBX 770 ($9.62) and set an “overweight” rating on the stock in a report on Thursday, February 2nd. Finally, Deutsche Bank AG reissued a “buy” rating and issued a GBX 950 ($11.87) target price on shares of Greene King plc in a report on Thursday, December 8th. Four analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of GBX 876 ($10.95).

Analyst Recommendations for Greene King plc (LON:GNK)

Shares of Greene King plc (LON:GNK) remained flat at GBX 664.00 on Friday. 2,193,748 shares of the company traded hands. Greene King plc has a 12-month low of GBX 646.50 and a 12-month high of GBX 914.00. The firm’s 50 day moving average is GBX 694.23 and its 200 day moving average is GBX 739.91. The firm’s market cap is GBX 2.05 billion.

The company also recently announced a dividend, which was paid on Friday, January 20th. Shareholders of record on Thursday, December 15th were issued a GBX 8.80 ($0.11) dividend. This represents a yield of 1.28%. The ex-dividend date was Thursday, December 15th.

This piece was reported by Daily Political and is the property of of Daily Political. If you are reading this piece on another website, it was illegally stolen and reposted in violation of international trademark and copyright legislation. The correct version of this piece can be read at http://www.dailypolitical.com/2017/02/16/greene-king-plc-gnk-stock-rating-reaffirmed-by-shore-capital.html.

In other Greene King plc news, insider Rooney Anand sold 63,364 shares of the company’s stock in a transaction on Friday, December 9th. The stock was sold at an average price of GBX 686 ($8.57), for a total value of £434,677.04 ($543,210.50).

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.

Receive News & Ratings for Greene King plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Greene King plc and related companies with MarketBeat.com's FREE daily email newsletter.


 Comment on this Post

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