It Seems Greencore Group plc Will Go Up. Have Another Big Increase

 It Seems Greencore Group plc Will Go Up. Have Another Big Increase

The stock of Greencore Group plc (LON:GNC) is a huge mover today! The stock increased 1.63% or GBX 5.22 on November 15, hitting GBX 324.92. About 2.59M shares traded hands or 24.52% up from the average. Greencore Group plc (LON:GNC) has declined 12.39% since April 19, 2016 and is downtrending. It has underperformed by 16.32% the S&P500.
The move comes after 7 months positive chart setup for the GBX 1.33B company. It was reported on Nov, 15 by Barchart.com. We have GBX 516.62 PT which if reached, will make LON:GNC worth GBX 784.70M more.

Greencore Group plc (LON:GNC) Ratings Coverage

Out of 9 analysts covering Greencore Group PLC (LON:GNC), 7 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 78% are positive. Greencore Group PLC has been the topic of 60 analyst reports since July 23, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating given on Monday, August 10 by Berenberg. The firm has “Buy” rating given on Thursday, August 11 by Goodbody. The rating was maintained by Goodbody with “Buy” on Tuesday, October 6. On Wednesday, April 13 the stock rating was maintained by Goodbody with “Buy”. The stock of Greencore Group plc (LON:GNC) has “Hold” rating given on Tuesday, May 10 by Numis Securities. The stock of Greencore Group plc (LON:GNC) earned “Buy” rating by Jefferies on Wednesday, May 11. The firm has “Hold” rating given on Wednesday, January 27 by Numis Securities. Peel Hunt upgraded the stock to “Buy” rating in Monday, November 14 report. The stock has “Outperform” rating given by Davy Research on Friday, September 25. Peel Hunt maintained it with “Add” rating and GBX 425 target price in Tuesday, May 17 report.

Greencore Group plc is engaged in international convenience food business. The company has a market cap of 1.33 billion GBP. The Company’s divisions are Convenience Foods, and Ingredients and Property. It has a 28.43 P/E ratio. The Company’s Convenience Foods segment is engaged in production and sale of convenience foods.

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