Greencore Group (LON:GNC) Earns “House Stock” Rating from Shore Capital Group

Greencore Group (LON:GNC)‘s stock had its “house stock” rating reissued by equities research analysts at Shore Capital Group in a research note issued to investors on Wednesday,Digital Look reports.

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 351 price target on shares of Greencore Group in a report on Friday, May 15th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of GBX 325.33.

Greencore Group Stock Performance

Shares of GNC opened at GBX 224.80 on Wednesday. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 42.22. The firm has a market cap of £1.78 billion, a PE ratio of 17.84, a price-to-earnings-growth ratio of 0.10 and a beta of 0.84. The company’s 50 day simple moving average is GBX 244.55 and its 200-day simple moving average is GBX 252.75. Greencore Group has a 12-month low of GBX 213.20 and a 12-month high of GBX 307.50.

About Greencore Group

We are a leading manufacturer of convenience food in the UK and our purpose is to make every day taste better. To help us achieve this we have a model called The Greencore Way, which is built on the differentiators of People at the Core, Great Food, Delivery Excellence, Lasting Partnerships and Sustainable Choices – The Greencore Way describes both who we are and how we will succeed.

Greencore is the UK’s leading convenience food manufacturer. We bring industry-leading innovation to create high-quality, fresh and convenient food to customers and consumers.