Greencore Group plc (LON:GNC) has earned an average rating of “Buy” from the ten brokerages that are presently covering the stock, Marketbeat reports. Ten analysts have rated the stock with a buy rating. The average 12-month target price among brokerages that have issued a report on the stock in the last year is GBX 309 ($3.99).

GNC has been the topic of several research analyst reports. Whitman Howard reaffirmed a “buy” rating and set a GBX 310 ($4.00) price target on shares of Greencore Group plc in a research report on Thursday, September 7th. Peel Hunt reaffirmed a “buy” rating and set a GBX 300 ($3.87) price target on shares of Greencore Group plc in a research report on Thursday, August 24th. Shore Capital reaffirmed a “buy” rating on shares of Greencore Group plc in a research report on Thursday, August 24th. Numis Securities Ltd reaffirmed a “buy” rating and set a GBX 300 ($3.87) price target (up previously from GBX 285 ($3.68)) on shares of Greencore Group plc in a research report on Thursday, August 24th. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 340 ($4.39) price target on shares of Greencore Group plc in a research report on Friday, July 28th.

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In related news, insider Kevin F. O’Malley bought 19,500 shares of the company’s stock in a transaction dated Tuesday, August 29th. The shares were acquired at an average price of GBX 198 ($2.56) per share, with a total value of £38,610 ($49,864.39). Also, insider Thomas Sampson bought 35,000 shares of the company’s stock in a transaction dated Friday, August 25th. The stock was bought at an average cost of GBX 196 ($2.53) per share, for a total transaction of £68,600 ($88,596.15). In the last ninety days, insiders have acquired 64,500 shares of company stock worth $12,681,000.

Shares of Greencore Group plc (LON:GNC) traded down 3.48% during midday trading on Wednesday, reaching GBX 197.00. The company had a trading volume of 2,444,294 shares. Greencore Group plc has a 52-week low of GBX 182.30 and a 52-week high of GBX 290.22. The stock’s market capitalization is GBX 1.19 billion. The company’s 50 day moving average price is GBX 214.54 and its 200 day moving average price is GBX 236.62.

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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