Breaking: Goodbody Sticks With GBX 1110.00 Target Price per Share On Greene King PLC (LON:GNK) Shares, Sticks With Their Original “Buy” Rating


Greene King PLC (LON:GNK) Rating Reaffirmed

Goodbody now has a GBX 1110.00 target price on shares of Greene King PLC (LON:GNK). The target price would possibly suggest a potential upside of 16.63% from the last close price of Greene King PLC (LON:GNK). This rating was disclosed to clients in recent note on Thursday morning.

From a total of 16 analysts covering Greene King PLC (LON:GNK) stock, 11 rate it a ”Buy”, 2 a “Sell”, and 4 a ”Hold”. This means that 65% of the ratings are positive. The highest target price is GBX 1175 while the lowest target price is GBX 830. The mean of all analyst targets is GBX 987.75 with a 3.51% above today’s (GBX 949.5) stock price. Greene King PLC was the topic of 38 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. HSBC upgraded shares on December 15 to “Hold” rating. Morgan Stanley maintained shares with “Equalwt/In-Line” rating and GBX 920 target share price in a report from a December 3. Nomura maintained GNK stock in a recent report from December 8 with “Neutral” rating. Barclays Capital maintained the rating on December 3. Barclays Capital has a “Overweight” rating and a GBX 935 price target on shares. Finally, Jefferies maintained the stock with “Hold” rating in a report issued on a December 4.

Approximately 22,925 shares of stock traded hands. Greene King plc (LON:GNK) has risen 13.83% since May 20, 2015 and is uptrending. It has outperformed by 16.10% the S&P500.

Breaking: Goodbody Sticks With GBX 1110.00 Target Price per Share On Greene King PLC (LON:GNK) Shares, Sticks With Their Original

Greene King plc is a United Kingdom pub and brewing company. The company has a market cap of 2.93 billion GBP. The Firm is engaged in operating over 3,000 managed, tenanted, leased and franchised pubs, restaurants and hotels, and brewing ales. It has 26.29 P/E ratio. The Firm operates through three divisions: 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.

According to Zacks Investment Research, “Genco Shipping & Trading Ltd. is a ship owning company. It transport iron ore, coal, grain, steel products and other drybulk cargoes along shipping routes. The company owned fleet of dry cargo vessels which consists of Capesize, Panamax, Ultramax, Supramax, Handymax and Handysize vessels. Genco Shipping & Trading Ltd. is based in New York, United States.”