Greencore Group (LON:GNC) had its target price cut by Peel Hunt from GBX 205 ($2.68) to GBX 170 ($2.22) in a research report sent to investors on Monday morning. They currently have a hold rating on the stock.
Several other analysts have also issued reports on the company. Jefferies Financial Group boosted their target price on Greencore Group from GBX 205 ($2.68) to GBX 245 ($3.20) and gave the company a buy rating in a research note on Thursday, October 25th. Kepler Capital Markets restated a buy rating on shares of Greencore Group in a research note on Tuesday, October 16th. Berenberg Bank restated a buy rating and issued a GBX 230 ($3.01) target price on shares of Greencore Group in a research note on Wednesday, August 1st. Numis Securities restated an add rating on shares of Greencore Group in a research note on Tuesday, July 31st. Finally, Shore Capital restated a hold rating on shares of Greencore Group in a research note on Tuesday, July 31st. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company currently has an average rating of Buy and a consensus price target of GBX 211.43 ($2.76).
Shares of GNC opened at GBX 193 ($2.52) on Monday. Greencore Group has a 1 year low of GBX 120 ($1.57) and a 1 year high of GBX 263 ($3.44).
Greencore Group plc produces and sells various food products primarily in the United Kingdom and the United States. It operates through Convenience Foods UK & Ireland, Convenience Foods US, and Ingredients and Property segments. The company provides sandwiches, wraps, rolls, sub-rolls, flatbreads, baguettes, bagels, prepared salads, and sushi products; and prepared meals, such as chilled ready meals, chilled sauces and soups, and quiches.
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