Shares of Greencore Group plc (LON:GNC) have received a consensus rating of “Hold” from the nine ratings firms that are covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is GBX 221.25 ($2.91).
Several analysts have recently issued reports on the company. Barclays upped their price objective on Greencore Group from GBX 205 ($2.70) to GBX 215 ($2.83) and gave the company an “underweight” rating in a research report on Thursday, November 28th. Peel Hunt restated a “hold” rating and issued a GBX 220 ($2.89) price objective on shares of Greencore Group in a research report on Friday, November 29th. Numis Securities reiterated an “add” rating on shares of Greencore Group in a research report on Monday, September 30th. HSBC reiterated a “buy” rating on shares of Greencore Group in a research report on Wednesday, January 8th. Finally, Peel Hunt reiterated a “hold” rating on shares of Greencore Group in a research report on Monday.
Greencore Group stock opened at GBX 247.40 ($3.25) on Friday. The company has a debt-to-equity ratio of 108.90, a quick ratio of 0.53 and a current ratio of 0.69. The firm has a market capitalization of $1.11 billion and a price-to-earnings ratio of 12.49. Greencore Group has a fifty-two week low of GBX 183.35 ($2.41) and a fifty-two week high of GBX 282.20 ($3.71). The stock’s fifty day moving average is GBX 258.18 and its two-hundred day moving average is GBX 233.26.
The firm also recently announced a dividend, which will be paid on Friday, February 28th. Investors of record on Thursday, January 2nd will be given a dividend of GBX 3.75 ($0.05) per share. The ex-dividend date is Thursday, January 2nd. This is an increase from Greencore Group’s previous dividend of $2.45. This represents a yield of 1.56%. Greencore Group’s dividend payout ratio is 0.30%.
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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