Key Points
- Greencore Group insider Leslie Van de Walle bought 30,000 shares on May 27 at an average price of GBX 227, totaling £68,100.
- The stock opened at GBX 218, near its 52-week low of GBX 213.20, and remains below its 50-day and 200-day moving averages.
- Analysts remain bullish on Greencore, with an average Buy rating and a consensus target price of GBX 325.33.
Greencore Group plc (LON:GNC - Get Free Report) insider Leslie Van de Walle purchased 30,000 shares of the company's stock in a transaction on Wednesday, May 27th. The stock was acquired at an average price of GBX 227 per share, with a total value of £68,100.
Greencore Group Stock Performance
LON:GNC opened at GBX 218 on Thursday. The company has a fifty day simple moving average of GBX 243.80 and a two-hundred day simple moving average of GBX 252.65. The company has a market cap of £1.73 billion, a price-to-earnings ratio of 17.30, a price-to-earnings-growth ratio of 0.10 and a beta of 0.84. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 42.22. Greencore Group plc has a 52 week low of GBX 213.20 and a 52 week high of GBX 307.50.
Wall Street Analysts Forecast Growth
Several research firms have commented on GNC. Shore Capital Group restated a "house stock" rating on shares of Greencore Group in a research note on Wednesday. Berenberg Bank restated a "buy" rating and issued a GBX 351 price target on shares of Greencore Group in a research note on Friday, May 15th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Greencore Group presently has an average rating of "Buy" and a consensus target price of GBX 325.33.
Check Out Our Latest Report on GNC
About Greencore Group
(
Get Free Report)
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.
Further Reading
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