Greencore Group’s (GNC) House Stock Rating Reiterated at Shore Capital

Shore Capital reiterated their house stock rating on shares of Greencore Group (LON:GNC) in a report released on Monday morning, Marketbeat.com reports.

Separately, Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 300 price target on shares of Greencore Group in a research report on Monday, November 24th. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of GBX 312.50.

Greencore Group Price Performance

Shares of LON:GNC opened at GBX 270 on Monday. The stock has a market cap of £1.17 billion, a price-to-earnings ratio of 21.43, a PEG ratio of 0.10 and a beta of 1.19. The company has a debt-to-equity ratio of 55.60, a current ratio of 0.70 and a quick ratio of 0.62. Greencore Group has a 12 month low of GBX 162.60 and a 12 month high of GBX 281. The stock’s 50 day moving average price is GBX 247.25 and its 200 day moving average price is GBX 244.49.

Insider Activity at Greencore Group

In related news, insider Leslie Van de Walle purchased 40,000 shares of the company’s stock in a transaction on Wednesday, November 19th. The shares were bought at an average price of GBX 236 per share, with a total value of £94,400. Also, insider Dalton Philips acquired 1,560,113 shares of the business’s stock in a transaction dated Monday, December 8th. The shares were bought at an average price of GBX 1 per share, with a total value of £15,601.13. Insiders own 1.61% of the company’s stock.

Greencore Group Company Profile

We are a leading manufacturer of convenience food in the UK and our purpose is to make every day taste better. To help us achieve this we have a model called The Greencore Way, which is built on the differentiators of People at the Core, Great Food, Delivery Excellence, Lasting Partnerships and Sustainable Choices – The Greencore Way describes both who we are and how we will succeed.

We supply all of the major supermarkets in the UK. We also supply convenience and travel retail outlets, discounters, coffee shops, foodservice and other retailers.