Greene King plc (GNK) Shares Rating Restated by Investec

Greene King plc (GNK) Shares Rating Restated by Investec

Greene King plc (LON:GNK)‘s stock had its “buy” rating reaffirmed by research analysts at Investec in a report issued on Tuesday. They currently have a GBX 870 ($10.93) target price on the stock. Investec’s price objective suggests a potential upside of 24.02% from the stock’s previous close.

Other equities analysts also recently issued reports about the stock. N+1 Singer restated a “hold” rating and set a GBX 800 ($10.05) target price on shares of Greene King plc in a report on Wednesday, November 30th. Goodbody restated a “hold” rating on shares of Greene King plc in a report on Wednesday, November 30th. Beaufort Securities restated a “buy” rating on shares of Greene King plc in a report on Thursday, December 1st. Panmure Gordon restated a “buy” rating and set a GBX 1,050 ($13.20) target price on shares of Greene King plc in a report on Wednesday, November 30th. Finally, Numis Securities Ltd restated an “add” rating and set a GBX 885 ($11.12) target price on shares of Greene King plc in a report on Wednesday, November 30th. Five investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Greene King plc has a consensus rating of “Buy” and a consensus price target of GBX 844 ($10.61).

Shares of Greene King plc (LON:GNK) opened at 701.50 on Tuesday. Greene King plc has a 1-year low of GBX 646.50 and a 1-year high of GBX 910.00. The stock’s market cap is GBX 2.17 billion. The stock’s 50 day moving average is GBX 679.97 and its 200-day moving average is GBX 712.42.

About Greene King plc

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.

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