Key Points
- Insider buying: Greencore Group insider Leslie Van de Walle bought 75,000 shares on June 1 at an average price of GBX 200, totaling £150,000.
- Van de Walle also made two earlier purchases in late May, buying 6,000 shares at GBX 214 and 30,000 shares at GBX 227, signaling continued insider confidence.
- Analyst outlook: The stock has a Moderate Buy consensus rating, with an average target price of GBX 290.25, though one analyst rates it a hold.
Greencore Group plc (LON:GNC - Get Free Report) insider Leslie Van de Walle acquired 75,000 shares of the stock in a transaction dated Monday, June 1st. The stock was acquired at an average cost of GBX 200 per share, for a total transaction of £150,000.
Leslie Van de Walle also recently made the following trade(s):
- On Thursday, May 28th, Leslie Van de Walle bought 6,000 shares of Greencore Group stock. The stock was purchased at an average cost of GBX 214 per share, for a total transaction of £12,840.
- On Wednesday, May 27th, Leslie Van de Walle bought 30,000 shares of Greencore Group stock. The stock was purchased at an average cost of GBX 227 per share, for a total transaction of £68,100.
Greencore Group Stock Performance
GNC stock opened at GBX 193.10 on Wednesday. The company has a debt-to-equity ratio of 80.03, a quick ratio of 0.62 and a current ratio of 0.74. The stock has a market cap of £1.53 billion, a P/E ratio of 15.33, a P/E/G ratio of 0.10 and a beta of 1.18. The firm has a 50 day simple moving average of GBX 240.86 and a 200 day simple moving average of GBX 252.11. Greencore Group plc has a 52 week low of GBX 191.10 and a 52 week high of GBX 307.50.
Analyst Upgrades and Downgrades
GNC has been the topic of several analyst reports. Berenberg Bank reissued a "buy" rating and set a GBX 351 target price on shares of Greencore Group in a research report on Friday, May 15th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a GBX 325 target price on shares of Greencore Group in a research report on Thursday, May 28th. Shore Capital Group reissued a "house stock" rating on shares of Greencore Group in a research report on Wednesday, May 27th. Finally, Jefferies Financial Group reissued a "hold" rating and set a GBX 185 target price on shares of Greencore Group in a research report on Thursday, May 28th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, Greencore Group has an average rating of "Moderate Buy" and an average target price of GBX 290.25.
Check Out Our Latest Analysis on Greencore Group
Greencore Group Company Profile
(
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
