Greencore Group (GNC) Price Target Lowered to GBX 170 at Peel Hunt

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 Company Profile

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.

Further Reading: How is the S&P 500 index different from the DJIA?

Analyst Recommendations for Greencore Group (LON:GNC)

Receive News & Ratings for Greencore Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Greencore Group and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply