Greencore Group’s (GNC) “Buy” Rating Reiterated at Berenberg Bank

Greencore Group (LON:GNC)‘s stock had its “buy” rating reaffirmed by research analysts at Berenberg Bank in a research note issued to investors on Friday,London Stock Exchange reports. They presently have a GBX 351 target price on the stock. Berenberg Bank’s target price points to a potential upside of 49.11% from the company’s current price.

GNC has been the subject of several other reports. Shore Capital Group restated a “house stock” rating on shares of Greencore Group in a research note on Monday, January 19th. Deutsche Bank Aktiengesellschaft assumed coverage on Greencore Group in a research note on Tuesday, January 20th. They issued a “buy” rating and a GBX 325 target price for the company. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Greencore Group has an average rating of “Buy” and a consensus price target of GBX 325.33.

Greencore Group Stock Performance

Shares of GNC opened at GBX 235.40 on Friday. The company has a debt-to-equity ratio of 42.22, a current ratio of 0.68 and a quick ratio of 0.62. The stock has a 50-day moving average of GBX 247.59 and a 200-day moving average of GBX 252.79. The company has a market cap of £1.87 billion, a PE ratio of 18.68, a P/E/G ratio of 0.10 and a beta of 0.84. Greencore Group has a one year low of GBX 188 and a one year high of GBX 307.50.

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.