Greencore Group’s (GNC) “Hold” Rating Reiterated at Peel Hunt
Peel Hunt reaffirmed their hold rating on shares of Greencore Group (LON:GNC) in a report issued on Monday morning, ThisIsMoney.Co.Uk reports.
A number of other analysts also recently commented on GNC. Shore Capital reiterated a hold rating on shares of in a report on Monday, June 3rd. Berenberg Bank restated a hold rating and set a GBX 1,140 ($14.90) price target on shares of Hill & Smith in a report on Friday, March 15th. Numis Securities restated a buy rating and set a GBX 340 ($4.44) price target on shares of BT Group in a report on Tuesday, May 28th. Jefferies Financial Group restated a hold rating on shares of COMPASS GRP PLC/S in a report on Tuesday, April 9th. Finally, Barclays restated an overweight rating and set a GBX 3,150 ($41.16) price target on shares of in a report on Wednesday, June 5th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the company. The stock presently has an average rating of Hold and a consensus target price of GBX 225.71 ($2.95).
Shares of LON:GNC traded down GBX 0.10 ($0.00) during trading on Monday, reaching GBX 223.20 ($2.92). The company had a trading volume of 1,276,555 shares, compared to its average volume of 8,760,000. The business’s fifty day moving average is GBX 213.77. The firm has a market cap of $999.88 million and a price-to-earnings ratio of 15.29. Greencore Group has a twelve month low of GBX 160.90 ($2.10) and a twelve month high of GBX 231.60 ($3.03). The company has a debt-to-equity ratio of 111.77, a current ratio of 0.69 and a quick ratio of 0.57.
Greencore Group Company Profile
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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