Greencore Group (LON:GNC) Reaches New 52-Week High at $251.60
Greencore Group plc (LON:GNC)’s share price hit a new 52-week high on Friday . The stock traded as high as GBX 251.60 ($3.29) and last traded at GBX 249.70 ($3.26), with a volume of 637416 shares trading hands. The stock had previously closed at GBX 244.60 ($3.20).
GNC has been the topic of several research reports. Peel Hunt restated a “hold” rating and set a GBX 220 ($2.87) price objective on shares of Greencore Group in a research note on Tuesday, November 26th. Shore Capital reaffirmed a “house stock” rating on shares of Greencore Group in a research report on Thursday, November 14th. Numis Securities reiterated an “add” rating on shares of Greencore Group in a research note on Monday, September 30th. Peel Hunt reissued a “hold” rating and issued a GBX 220 ($2.87) target price on shares of Greencore Group in a report on Friday, November 29th. Finally, Berenberg Bank lifted their target price on Greencore Group from GBX 210 ($2.74) to GBX 250 ($3.27) and gave the company a “hold” rating in a research note on Friday, September 6th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of GBX 239.38 ($3.13).
The company has a quick ratio of 0.57, a current ratio of 0.69 and a debt-to-equity ratio of 111.77. The firm’s 50-day moving average price is GBX 240.28 and its 200 day moving average price is GBX 223.31. The firm has a market cap of $1.12 billion and a P/E ratio of 17.16.
Greencore Group Company Profile (LON:GNC)
Greencore Group plc manufactures and sells various convenience food products primarily in the United Kingdom. The company provides sandwiches, sushi, salads, chilled ready meals, chilled soups and sauces, chilled quiche, ambient sauces and pickles, frozen Yorkshire puddings, cakes, and desserts. It also trades in Irish ingredients; and invests in properties.
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