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Greene King PLC (LON:GNK) target price held steady at 990.00GBX, reported today by Canaccord Genuity

Just yesterday Greene King PLC (LON:GNK) traded 0.40% lower at 780.25GBX. Greene King PLC’s 50-day moving average is 806.63GBX and its two hundred day moving average is 833.12GBX. The last close is down 6.75% relative to the two hundred day average, compared to the Standard & Poor’s 500 Index which has fallen -0.01% over the same time period. 55,772 shares of the stock traded, down from ann avg. volume of 930,738.

Canaccord Genuity held the estimated target of Greene King PLC (LON:GNK) at 990GBX, reporting a possible upside of 0.27%,

Previously on Thursday September 15 2016, Panmure Gordon released a statement for Greene King PLC(LON:GNK) lowered the target price from 1,090.00GBX to 1,050.00GBX that suggested an upside of 0.37%.

Performance Chart:

Greene King PLC (LON:GNK)

Also covering Greene King PLC’s stock price target, a total of 13 equity analysts have issued a report on the company. The average target stock price is 963.85GBX with three analysts rating the stock a strong buy, six analysts rating the stock a buy, four firms rating the stock a hold, one brokerage rating the stock to underperform, and lastly 0 brokerages rating the company as sell.

With a total market value of 0.0 GBX, Greene King PLC has a one-year low of 719.49GBX and a one-year high of 985.00GBX with a price-earnings ratio of 12.

More 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, and located in Dunbar.

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