Greene King plc (GNK) Earns Hold Rating from Goodbody
Greene King plc (LON:GNK)‘s stock had its “hold” rating reaffirmed by stock analysts at Goodbody in a research note issued to investors on Wednesday.
A number of other research analysts also recently issued reports on the stock. Investec reissued a “buy” rating and set a GBX 882 ($10.94) price objective on shares of Greene King plc in a research report on Wednesday, November 16th. N+1 Singer downgraded shares of Greene King plc to a “hold” rating and reduced their price objective for the company from GBX 900 ($11.16) to GBX 800 ($9.92) in a research report on Friday, October 7th. Canaccord Genuity reissued a “buy” rating and set a GBX 990 ($12.28) price objective on shares of Greene King plc in a research report on Friday, September 16th. Panmure Gordon reduced their price objective on shares of Greene King plc from GBX 1,090 ($13.52) to GBX 1,050 ($13.03) and set a “buy” rating on the stock in a research report on Thursday, September 15th. Finally, JPMorgan Chase & Co. reissued an “overweight” rating on shares of Greene King plc in a research report on Monday, September 12th. Seven analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of GBX 954.47 ($11.84).
Greene King plc (LON:GNK) opened at 691.00 on Wednesday. The company’s market capitalization is GBX 2.14 billion. The company’s 50 day moving average is GBX 736.19 and its 200-day moving average is GBX 794.58. Greene King plc has a 52-week low of GBX 685.00 and a 52-week high of GBX 985.00.
About Greene King plc
Greene King plc is a United Kingdom-based pub and brewing company. The Company is engaged in operating over 3,000 managed, tenanted, leased and franchised pubs, restaurants and hotels, and brewing ales. The Company operates through three segments: Retail, which is engaged in the operation of managed pubs and restaurants; Pub Partners, which is engaged in the operation of tenanted and leased pubs, and Brewing & Brands, which is involved in brewing, marketing and selling beer.
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