Greene King plc (GNK) Rating Reiterated by N+1 Singer
Greene King plc (LON:GNK)‘s stock had its “hold” rating reiterated by N+1 Singer in a research report issued to clients and investors on Wednesday. They currently have a GBX 800 ($9.92) price target on the stock. N+1 Singer’s price target indicates a potential upside of 12.44% from the company’s current price.
GNK has been the subject of a number of other research reports. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Greene King plc in a research note on Monday, September 12th. Canaccord Genuity reiterated a “buy” rating and issued a GBX 990 ($12.28) target price on shares of Greene King plc in a research note on Friday, September 16th. Panmure Gordon lowered their target price on Greene King plc from GBX 1,090 ($13.52) to GBX 1,050 ($13.03) and set a “buy” rating for the company in a research note on Thursday, September 15th. Investec reiterated a “buy” rating and issued a GBX 882 ($10.94) target price on shares of Greene King plc in a research note on Wednesday, November 16th. Finally, Barclays PLC reissued an “overweight” rating and issued a GBX 990 ($12.28) price target on shares of Greene King plc in a report on Monday, September 12th. Seven analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of GBX 954.47 ($11.84).
Greene King plc (LON:GNK) opened at 692.00 on Wednesday. The stock has a 50 day moving average price of GBX 736.19 and a 200-day moving average price of GBX 794.58. Greene King plc has a 12-month low of GBX 685.00 and a 12-month high of GBX 985.00. The firm’s market cap is GBX 2.14 billion.
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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