N+1 Singer disclosed Greene King PLC (LON:GNK), bumping down its price target to 800.00GBX earlier today
- Updated: October 6, 2016
Reporting a potential upside of 0.07%, N+1 Singer dropped the price target of Greene King PLC (LON:GNK) to 800.00GBX
On Tuesday September 20, 2016, Canaccord Genuity released a statement about Greene King PLC (LON:GNK) maintained the target price at 990.00GBX that suggested an upside of 0.27%.
Having a price of 750.75GBX, Greene King PLC (LON:GNK) traded -3.11% lower on the day. The last closing price is down -9.34% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. GNK has recorded a 50-day moving average of 798.10GBX and a 200-day moving average of 825.03GBX. 1,097,464 shares of GNK traded hands, up from an average trading volume of 857,623
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Greene King PLC has a 52 week low of 719.49GBX and a 52 week high of 985.00GBX with a P/E ratio of 11.67 The company’s market cap is currently 0 GBX.
Also covering Greene King PLC's price target, a total of 13 analysts have released a report on Greene King PLC. The 12-month price target is 963.85GBX with three analysts rating the company a strong buy, six equity analysts rating the company a buy, four equity analysts rating the company a hold, one equity analyst rating the company a underperform, and lastly zero equity analysts rating the company a sell.
Brief Synopsis 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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