Greencore Group (GNC) Stock Rating Reaffirmed by Numis Securities
Greencore Group (LON:GNC)‘s stock had its “buy” rating reaffirmed by research analysts at Numis Securities in a research note issued on Tuesday. They currently have a GBX 300 ($4.02) target price on the stock. Numis Securities’ price target indicates a potential upside of 42.46% from the company’s current price.
GNC has been the topic of several other reports. Shore Capital reiterated a “buy” rating on shares of Greencore Group in a research report on Thursday, August 24th. Whitman Howard reiterated a “buy” rating and issued a GBX 310 ($4.15) price objective on shares of Greencore Group in a research report on Friday, September 22nd. Kepler Capital Markets decreased their price objective on shares of Greencore Group from GBX 300 ($4.02) to GBX 290 ($3.88) and set a “buy” rating on the stock in a research report on Tuesday, September 19th. Finally, Peel Hunt reiterated a “buy” rating and issued a GBX 300 ($4.02) price objective on shares of Greencore Group in a research report on Thursday, August 24th. Eight research analysts have rated the stock with a buy rating, The company presently has a consensus rating of “Buy” and an average price target of GBX 302.75 ($4.05).
Shares of Greencore Group (GNC) opened at GBX 210.59 ($2.82) on Tuesday. Greencore Group has a 1 year low of GBX 180.40 ($2.42) and a 1 year high of GBX 265.30 ($3.55).
In other news, insider Eoin Tonge bought 25,000 shares of the business’s stock in a transaction that occurred on Friday, September 15th. The stock was purchased at an average price of GBX 187 ($2.50) per share, with a total value of £46,750 ($62,608.81).
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Greencore Group Company Profile
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.
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