Greene King plc (GNK) Stock Rating Reaffirmed by Deutsche Bank AG
Greene King plc (LON:GNK)‘s stock had its “buy” rating reissued by equities researchers at Deutsche Bank AG in a report issued on Tuesday, Marketbeat reports. They presently have a GBX 875 ($11.15) price target on the stock. Deutsche Bank AG’s price objective suggests a potential upside of 21.87% from the company’s previous close.
Several other research firms also recently weighed in on GNK. Numis Securities Ltd downgraded Greene King plc to a “hold” rating and set a GBX 790 ($10.06) price target on the stock. in a research note on Monday, May 8th. Berenberg Bank began coverage on Greene King plc in a research note on Tuesday, March 7th. They set a “hold” rating and a GBX 700 ($8.92) target price on the stock. Finally, Barclays PLC reiterated an “overweight” rating on shares of Greene King plc in a research note on Tuesday, March 14th. Five research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of GBX 834.50 ($10.63).
Shares of Greene King plc (LON:GNK) opened at 718.00 on Tuesday. The company’s 50-day moving average price is GBX 737.00 and its 200-day moving average price is GBX 705.90. The company’s market capitalization is GBX 2.22 billion. Greene King plc has a one year low of GBX 646.50 and a one year high of GBX 910.00.
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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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