Greencore Group’s (GNC) “Hold” Rating Reaffirmed at Jefferies Financial Group

Greencore Group (LON:GNC)‘s stock had its “hold” rating restated by stock analysts at Jefferies Financial Group in a research report issued to clients and investors on Thursday,Digital Look reports. They currently have a GBX 185 price target on the stock. Jefferies Financial Group’s price target would indicate a potential downside of 13.39% from the stock’s current price.

Several other research firms also recently weighed in on GNC. Shore Capital Group reaffirmed a “house stock” rating on shares of Greencore Group in a research note on Wednesday. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 351 price target on shares of Greencore Group in a research note on Friday, May 15th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 290.25.

Greencore Group Trading Down 2.0%

GNC opened at GBX 213.60 on Thursday. Greencore Group has a 1-year low of GBX 212.55 and a 1-year high of GBX 307.50. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 42.22. The company has a market cap of £1.69 billion, a P/E ratio of 16.95, a price-to-earnings-growth ratio of 0.10 and a beta of 0.84. The company has a fifty day moving average price of GBX 243.80 and a two-hundred day moving average price of GBX 252.65.

Insider Activity

In other Greencore Group news, insider Leslie Van de Walle acquired 30,000 shares of Greencore Group stock in a transaction dated Wednesday, May 27th. The stock was purchased at an average cost of GBX 227 per share, for a total transaction of £68,100. 1.10% of the stock is owned by corporate insiders.

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.

Greencore is the UK’s leading convenience food manufacturer. We bring industry-leading innovation to create high-quality, fresh and convenient food to customers and consumers.