Insider Buying: Greencore Group (LON:GNC) Insider Purchases 1,560,113 Shares of Stock

Key Points

  • Dalton Philips purchased 1,560,113 shares of Greencore (LON:GNC) on December 8 at an average price of GBX 1 per share, for a total of about £15,601.13.
  • Shares opened around GBX 244.29 and were trading down ~1.3%, with a market cap of £1.08 billion, a 12‑month range of GBX 162.60–281, and a P/E of ~19.4.
  • Analyst sentiment is positive: Royal Bank of Canada reiterated an "outperform" rating and a GBX 300 price target, and the consensus rating is "Buy" with an average target of GBX 300.

Greencore Group plc (LON:GNC - Get Free Report) insider Dalton Philips acquired 1,560,113 shares of Greencore Group stock in a transaction on Monday, December 8th. The shares were purchased at an average price of GBX 1 per share, for a total transaction of £15,601.13.

Greencore Group Trading Down 1.3%

Shares of LON GNC opened at GBX 244.29 on Wednesday. Greencore Group plc has a twelve month low of GBX 162.60 and a twelve month high of GBX 281. The firm has a market cap of £1.08 billion, a PE ratio of 19.39, a price-to-earnings-growth ratio of 0.10 and a beta of 1.19. The business has a fifty day simple moving average of GBX 236.85 and a two-hundred day simple moving average of GBX 238.93. The company has a quick ratio of 0.62, a current ratio of 0.70 and a debt-to-equity ratio of 55.60.

Wall Street Analysts Forecast Growth

Separately, Royal Bank Of Canada restated an "outperform" rating and issued a GBX 300 price objective on shares of Greencore Group in a report on Monday, November 24th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of GBX 300.

Get Our Latest Report on GNC

About Greencore Group

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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. We supply all of the major supermarkets in the UK.

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