Greencore Group plc (LON:GNC) insider Patrick Gary Kennedy purchased 20,000 shares of the firm’s stock in a transaction dated Thursday, February 8th. The shares were bought at an average price of GBX 189 ($2.65) per share, with a total value of £37,800 ($53,000.56).

Greencore Group plc (LON:GNC) traded down GBX 4.10 ($0.06) during trading on Thursday, reaching GBX 188.70 ($2.65). 8,224,870 shares of the company were exchanged, compared to its average volume of 5,380,000. Greencore Group plc has a fifty-two week low of GBX 180.40 ($2.53) and a fifty-two week high of GBX 265.30 ($3.72). The stock has a market cap of $1,370.00 and a price-to-earnings ratio of 9,435.00.

The firm also recently disclosed a dividend, which will be paid on Thursday, April 5th. Investors of record on Thursday, December 7th will be paid a GBX 3.37 ($0.05) dividend. This represents a yield of 1.59%. This is a positive change from Greencore Group’s previous dividend of $2.10. The ex-dividend date is Thursday, December 7th.

Several brokerages have recently issued reports on GNC. Peel Hunt restated a “buy” rating and set a GBX 250 ($3.51) price target on shares of Greencore Group in a research note on Tuesday, January 30th. Numis Securities decreased their price target on shares of Greencore Group from GBX 300 ($4.21) to GBX 275 ($3.86) and set a “buy” rating for the company in a research note on Wednesday, January 31st. Kepler Capital Markets restated a “buy” rating and set a GBX 250 ($3.51) price target on shares of Greencore Group in a research note on Tuesday, January 30th. Shore Capital reiterated a “buy” rating on shares of Greencore Group in a research note on Tuesday, January 30th. Finally, Barclays reiterated an “overweight” rating and issued a GBX 253 ($3.55) price objective on shares of Greencore Group in a research note on Wednesday, January 31st. Nine research analysts have rated the stock with a buy rating, The company has an average rating of “Buy” and an average price target of GBX 283.13 ($3.97).

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About Greencore Group

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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