Glanbia (GLAPF) to Post Earnings on Thursday

Glanbia (OTCMKTS:GLAPF) is expected to be announcing its results before the market opens on Thursday, August 6th. Analysts expect the company to announce earnings of $0.7010 per share and revenue of $2.0162 billion for the quarter.

Glanbia Stock Performance

Shares of GLAPF opened at $26.00 on Wednesday. Glanbia has a one year low of $15.99 and a one year high of $28.81. The stock has a 50 day moving average price of $26.32 and a 200 day moving average price of $22.55.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Barclays reaffirmed an “overweight” rating on shares of Glanbia in a research note on Wednesday, June 17th. Oddo Bhf cut shares of Glanbia to a “neutral” rating in a research report on Wednesday, July 15th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Glanbia in a research note on Friday, June 26th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, Glanbia currently has an average rating of “Moderate Buy”.

About Glanbia

Glanbia plc is a global nutrition group headquartered in Kilkenny, Ireland, with roots tracing back to the merger of Avonmore and Waterford agricultural cooperatives in 1997. The company is organized around two main divisions: Performance Nutrition, which focuses on sports and lifestyle-forward consumer products, and Glanbia Nutritionals, which supplies nutritional ingredients and custom formulation services to food, beverage and pharmaceutical customers.

Under its Performance Nutrition arm, Glanbia markets well-known brands of protein powders, bars and ready-to-drink beverages designed for athletes, fitness enthusiasts and wellness-focused consumers.