Greencore Grp (GNCGY) Upgraded by Zacks Investment Research to Buy
Zacks Investment Research upgraded shares of Greencore Grp (OTCMKTS:GNCGY) from a hold rating to a buy rating in a research report released on Tuesday morning. They currently have $13.00 target price on the stock.
According to Zacks, “Greencore Group plc is a manufacturer of convenience foods. Its operating segment consists of Convenience Foods, and Ingredients and Property. Convenience Foods segment is engaged in production and sale of convenience foods. Ingredients and Property segment is engaged in distribution of edible oils and molasses, and the management of the Company’s surplus property assets. The company operates primarily in the UK and US. Greencore Group plc is headquartered in Dublin, Ireland. “
Shares of Greencore Grp (OTCMKTS GNCGY) traded up $0.28 on Tuesday, hitting $12.00. 281 shares of the stock were exchanged, compared to its average volume of 798. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.53 and a current ratio of 0.70. Greencore Grp has a 12-month low of $9.69 and a 12-month high of $22.31.
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About Greencore Grp
Greencore Group plc is a manufacturer of convenience food. The Company’s segments include Convenience Foods, and Ingredients & Property. The Convenience Foods segment includes Convenience Foods UK and Convenience Foods US. The Convenience Foods segment consists of Food to Go, Prepared Meals, Grocery and US.
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