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A statement released earlier today by Deutsche Bank about Greene King PLC (LON:GNK) bumps down the target price to 740.00GBX

Yesterday Greene King PLC (LON:GNK) traded 0.66% higher at 557.25GBX. The company’s 50-day moving average is 577.29GBX and its 200-day moving average is 672.88GBX. The last stock close price is down -20.12% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time. 1,083,903 shares of the stock were exchanged, down from an average trading volume of 1,347,480

Deutsche Bank bumped down the target of Greene King PLC (LON:GNK) to 740.00GBX stating a potential upside of 0.33%.

On 09/29/2017, Liberum Capital released a statement for Greene King PLC (LON:GNK) maintained the target price at 720.00GBX that suggested an upside of 0.26%.

See Chart Below

Greene King PLC (LON:GNK)

Greene King PLC has a price-earnings ratio of 10.99 with a one year low of 518.00GBX and a one year high of 773.78GBX GNK’s total market value is presently 0 GBX.

In addition to Deutsche Bank reporting its stock price target, a total of 13 brokerages have issued a research note on the company. The average stock price target is 963.85GBX with 3 brokerages rating the stock a strong buy, 6 brokerages rating the stock a buy, 4 brokerages rating the stock a hold, 1 brokerage rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On Greene King PLC (LON:GNK)

Greene King plc is an integrated pub retailer and brewer. The Company operates approximately 3,040 managed, tenanted, leased and franchised pubs, restaurants and hotels, including brands, such as Hungry Horse, Chef & Brewer, Flaming Grill, Farmhouse Inns and its Greene King locals estate. The Company's segments include Pub Company, Pub Partners, and Brewing & Brands. The Pub Company segment is engaged in the operation of managed pubs and restaurants. The Pub Partners segment is involved in the operation of tenanted and leased pubs. The Brewing and Brands segment is engaged in brewing, marketing and selling beer. The Company's ale brand portfolio includes Old Speckled Hen, Greene King IPA, Abbot Ale and Belhaven Best. The Pub Company segment operates approximately 1,820 pubs and restaurants across Britain. The Company's breweries include Westgate Brewery, which is located in Bury St. Edmunds, and Belhaven Brewery, located in Dunbar.

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