Greencore Group’s (GNC) Underweight Rating Reiterated at Barclays

Barclays restated their underweight rating on shares of Greencore Group (LON:GNC) in a research report released on Wednesday, ThisIsMoney.Co.Uk reports.

A number of other equities analysts also recently commented on GNC. HSBC set a $46.00 price objective on shares of Aqua America and gave the stock a buy rating in a research note on Friday, June 28th. Shore Capital reissued a hold rating on shares of in a research note on Monday, June 3rd. Jefferies Financial Group reaffirmed a hold rating on shares of COMPASS GRP PLC/S in a research report on Tuesday, April 9th. Peel Hunt reaffirmed an under review rating on shares of Motif Bio in a research report on Monday, July 15th. Finally, Numis Securities reaffirmed a buy rating and set a GBX 340 ($4.44) price target on shares of BT Group in a research report on Tuesday, May 28th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of Hold and a consensus price target of GBX 225.71 ($2.95).

Shares of LON:GNC opened at GBX 225 ($2.94) on Wednesday. The company has a market capitalization of $1.00 billion and a P/E ratio of 15.41. Greencore Group has a 52 week low of GBX 160.90 ($2.10) and a 52 week high of GBX 231.60 ($3.03). The company has a quick ratio of 0.57, a current ratio of 0.69 and a debt-to-equity ratio of 111.77. The business has a 50 day simple moving average of GBX 216.68.

The company also recently announced a dividend, which was paid on Wednesday, July 3rd. Investors of record on Thursday, May 30th were given a GBX 2.45 ($0.03) dividend. This represents a dividend yield of 1.12%. The ex-dividend date was Thursday, May 30th. Greencore Group’s payout ratio is 0.41%.

About Greencore Group

Greencore Group plc manufactures and sells various convenience food products primarily in the United Kingdom. The company provides sandwiches, sushi, salads, chilled ready meals, chilled soups and sauces, chilled quiche, ambient sauces and pickles, frozen Yorkshire puddings, cakes, and desserts. It also trades in Irish ingredients; and invests in properties.

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Analyst Recommendations for Greencore Group (LON:GNC)

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