A statement released earlier today by N+1 Singer about Greene King PLC (LON:GNK) maintains the target price at 800.00GBX
- Updated: November 30, 2016
N+1 Singer hold steady the target of Greene King PLC (LON:GNK) at 800.00GBX indicating a possible upside of 0.15%.
Previously on 11/16/2016, Investec reported on Greene King PLC (LON:GNK) held steady the target price at 882.00GBX. At the time, this indicated a possible upside of 0.18%.
Yesterday Greene King PLC (LON:GNK) traded -2.53% lower at 692.75GBX. The company’s 50-day moving average is 736.19GBX and its 200-day moving average is 794.58GBX. The last closing price is down -12.72% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 1,108,096 shares of the stock were exchanged, up from an average trading volume of 949,834
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Greene King PLC has a 52 week low of 685.00GBX and a 52 week high of 985.00GBX with a P/E ratio of 10.82 The company’s market cap is currently 0 GBX.
In addition to N+1 Singer reporting its target price, a total of 13 brokers have issued a report on the stock. The consensus target price is 963.85GBX with 3 brokers rating the stock a strong buy, 6 brokers rating the stock a buy, 4 brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About 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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