Greencore Group (GNC) Given Add Rating at Numis Securities

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Numis Securities reissued their add rating on shares of Greencore Group (LON:GNC) in a report released on Thursday, ThisIsMoney.Co.Uk reports.

A number of other brokerages also recently weighed in on GNC. Shore Capital raised Greencore Group to a buy rating in a research note on Monday, March 11th. Jefferies Financial Group reissued a buy rating on shares of Greencore Group in a research note on Tuesday, April 9th. Kepler Capital Markets downgraded Greencore Group to a hold rating and cut their price objective for the company from GBX 225 ($2.94) to GBX 200 ($2.61) in a research note on Thursday, January 24th. Barclays reissued an underweight rating on shares of Greencore Group in a research note on Wednesday, April 10th. Finally, Peel Hunt reissued a hold rating on shares of Greencore Group in a research note on Tuesday, January 29th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the stock. The stock has an average rating of Hold and an average price target of GBX 216.25 ($2.83).

Shares of GNC stock opened at GBX 227 ($2.97) on Thursday. The company has a current ratio of 2.01, a quick ratio of 0.34 and a debt-to-equity ratio of 74.17. Greencore Group has a twelve month low of GBX 154.20 ($2.01) and a twelve month high of GBX 231.60 ($3.03). The company has a market capitalization of $1.01 billion and a P/E ratio of 47.29.

About Greencore Group

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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Analyst Recommendations for Greencore Group (LON:GNC)

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