Greene King plc (GNK) Stock Rating Reaffirmed by Panmure Gordon
Greene King plc (LON:GNK)‘s stock had its “buy” rating reissued by equities researchers at Panmure Gordon in a research note issued on Wednesday. They currently have a GBX 1,050 ($13.03) price objective on the stock. Panmure Gordon’s price objective suggests a potential upside of 47.58% from the company’s current price.
A number of other analysts also recently issued reports on GNK. Goodbody reissued a “hold” rating on shares of Greene King plc in a report on Wednesday. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Greene King plc in a report on Monday, September 12th. Beaufort Securities reissued a “buy” rating on shares of Greene King plc in a report on Monday, September 12th. Deutsche Bank AG reissued a “buy” rating and set a GBX 950 ($11.79) price target on shares of Greene King plc in a report on Monday, September 12th. Finally, N+1 Singer reissued a “buy” rating and set a GBX 1,030 ($12.78) price target on shares of Greene King plc in a report on Friday, September 9th. Seven investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of GBX 954.47 ($11.84).
Greene King plc (LON:GNK) opened at 691.00 on Wednesday. The stock’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 1-year low of GBX 685.00 and a 1-year high of GBX 985.00.
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Greene King plc Company Profile
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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