Greene King (LON:GNK) Stock Rating Reaffirmed by Shore Capital

Greene King (LON:GNK)‘s stock had its “buy” rating restated by analysts at Shore Capital in a research note issued to investors on Wednesday, June 26th, ThisIsMoney.Co.Uk reports.

A number of other equities research analysts also recently weighed in on GNK. Numis Securities upgraded shares of Royal Bank of Scotland Group from an “add” rating to a “buy” rating in a research note on Wednesday, May 1st. Berenberg Bank lifted their target price on shares of Jupiter Fund Management from GBX 357 ($4.66) to GBX 360 ($4.70) and gave the company a “hold” rating in a research note on Tuesday, April 30th. Liberum Capital restated a “buy” rating on shares of Orchard Funding Group in a research report on Tuesday, April 30th. JPMorgan Chase & Co. restated a “neutral” rating on shares of Anglo American in a research report on Wednesday, May 15th. Finally, Royal Bank of Canada set a $147.00 price target on shares of Ameriprise Financial and gave the company a “hold” rating in a report on Friday, April 26th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and eight have issued a buy rating to the company’s stock. Greene King presently has a consensus rating of “Hold” and a consensus price target of GBX 664.09 ($8.68).

Shares of LON:GNK traded up GBX 7.60 ($0.10) during midday trading on Wednesday, hitting GBX 652 ($8.52). The company’s stock had a trading volume of 1,477,320 shares, compared to its average volume of 1,750,000. The firm has a market capitalization of $2.02 billion and a PE ratio of 16.85. The stock’s 50 day moving average is GBX 623.22. Greene King has a fifty-two week low of GBX 466.90 ($6.10) and a fifty-two week high of GBX 705.60 ($9.22). The company has a quick ratio of 0.51, a current ratio of 0.67 and a debt-to-equity ratio of 111.89.

About Greene King

Greene King plc operates as a pub retailer and brewer in the United Kingdom. The company operates through three segments: Pub Company, Pub Partners, and Brewing & Brands. Its brands include Greene King Local Pubs, Hungry Horse, Flaming Grill, Farmhouse Inns, and Chef & Brewer. The company is also involved in brewing, marketing, and selling beer under the Greene King IPA, Old Speckled Hen, Abbot Ale, and Belhaven Best brands.

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Analyst Recommendations for Greene King (LON:GNK)

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