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Greencore Group PLC (LON:GNC) target price held steady at 350.00GBX, reported today by Berenberg

Greencore Group PLC (LON:GNC) had its target price hold steady to 350.00GBX by Berenberg in a report released 2/9/2017. The new target price indicates a possible upside of 0.38% based on the company's last stock close price.

Previously on 02/08/2017, Peel Hunt reported about Greencore Group PLC (LON:GNC) held steady the target price at 300.00GBX. At the time, this indicated a possible upside of 0%.

Yesterday Greencore Group PLC (LON:GNC) traded 0.16% higher at 253.70GBX. The company’s 50-day moving average is 240.47GBX and its 200-day moving average is 296.54GBX. The last stock close price is down -15.79% from the 200-day moving average, compared to the S&P 500 which has increased 0.06% over the same time. 2,264,090 shares of the stock were exchanged, down from an average trading volume of 4,179,560

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Greencore Group PLC (LON:GNC)

Greencore Group PLC has a 52 week low of 193.26GBX and a 52 week high of 326.24GBX with a P/E ratio of 21.90 The company’s market cap is currently 0 GBX.

In addition to Berenberg reporting its target price, a total of 8 firms have issued a report on the stock. The consensus target price is 392.25GBX with 2 firms rating the stock a strong buy, 6 firms rating the stock a buy, 2 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

General Information About Greencore Group PLC (LON:GNC)

Greencore Group plc is a manufacturer of convenience food. The Company's segments include Convenience Foods, and Ingredients & Property. The Convenience Foods segment includes Convenience Foods UK and Convenience Foods US. The Convenience Foods segment consists of Food to Go, Prepared Meals, Grocery and US. The Convenience Foods segment is engaged in the production and sale of convenience food. The Ingredients & Property segment is engaged in the distribution of edible oils and molasses and the management of the Company's property assets. The Food to Go division is a manufacturer of pre-packed sandwiches, such as baguettes, wraps and other food to go items. The Prepared Meals division produces chilled ready meals, chilled sauces, chilled soup and quiche. The Grocery division manufactures ambient cooking sauces and dips, table sauces, pickles and Yorkshire Puddings, and cakes and desserts. The US division produces sandwiches, salads, bistro boxes and sauces, both fresh and frozen.

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