Greencore Group plc (LON:GNC) has received a consensus rating of “Buy” from the nine analysts that are currently covering the stock, Marketbeat reports. Eight analysts have rated the stock with a buy recommendation. The average 12-month target price among brokers that have covered the stock in the last year is GBX 298.38 ($3.99).

GNC has been the subject of a number of analyst reports. Kepler Capital Markets cut their price objective on shares of Greencore Group from GBX 290 ($3.88) to GBX 250 ($3.34) and set a “buy” rating for the company in a research report on Wednesday, November 22nd. Shore Capital restated an “under review” rating on shares of Greencore Group in a research report on Tuesday, November 28th. Numis Securities restated a “buy” rating and set a GBX 300 ($4.01) price objective on shares of Greencore Group in a research report on Thursday, October 26th. Berenberg Bank lowered their price target on shares of Greencore Group from GBX 340 ($4.55) to GBX 305 ($4.08) and set a “buy” rating on the stock in a research note on Monday, December 11th. Finally, Whitman Howard reaffirmed a “buy” rating and set a GBX 310 ($4.14) price target on shares of Greencore Group in a research note on Thursday, September 7th.

Greencore Group (LON:GNC) remained flat at $GBX 222.50 ($2.97) during mid-day trading on Friday. Greencore Group has a 12 month low of GBX 180.40 ($2.41) and a 12 month high of GBX 265.30 ($3.55). The firm has a market capitalization of $1,570.00 and a P/E ratio of 11,125.00.

The firm also recently disclosed a dividend, which will be paid on Thursday, April 5th. Investors of record on Thursday, December 7th will be paid a GBX 3.37 ($0.05) dividend. This represents a yield of 1.59%. This is a boost from Greencore Group’s previous dividend of $2.10. The ex-dividend date of this dividend is Thursday, December 7th.

In other Greencore Group news, insider Patrick F. Coveney sold 97,978 shares of the firm’s stock in a transaction dated Monday, December 18th. The shares were sold at an average price of GBX 217 ($2.90), for a total transaction of £212,612.26 ($284,278.99).

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Greencore Group Company Profile

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.

Analyst Recommendations for Greencore Group (LON:GNC)

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