Shares of Greene King (LON:GNK) have been assigned a consensus rating of “Hold” from the fifteen research firms that are currently covering the firm, Marketbeat reports. Five investment analysts have rated the stock with a sell rating, five have issued a hold rating and five have assigned a buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is GBX 565.42 ($7.67).
Several brokerages have recently weighed in on GNK. Liberum Capital reiterated a “buy” rating and set a GBX 690 ($9.36) target price on shares of Greene King in a research report on Monday, February 26th. JPMorgan Chase lifted their target price on shares of Greene King from GBX 500 ($6.78) to GBX 520 ($7.05) and gave the company an “underweight” rating in a research report on Wednesday, April 25th. Berenberg Bank decreased their target price on shares of Greene King from GBX 450 ($6.10) to GBX 430 ($5.83) and set a “sell” rating on the stock in a research report on Monday, April 23rd. HSBC decreased their target price on shares of Greene King from GBX 485 ($6.58) to GBX 480 ($6.51) and set a “reduce” rating on the stock in a research report on Friday, February 16th. Finally, Peel Hunt reiterated an “add” rating and set a GBX 600 ($8.14) target price on shares of Greene King in a research report on Thursday, April 12th.
Shares of LON:GNK traded down GBX 2.80 ($0.04) during trading on Friday, reaching GBX 539.80 ($7.32). 736,070 shares of the company traded hands, compared to its average volume of 1,750,000. Greene King has a 1-year low of GBX 479.86 ($6.51) and a 1-year high of GBX 768 ($10.42).
Greene King Company Profile
Greene King plc operates as a pub retailer and brewer in the United Kingdom. The company operates through Pub Company, Pub Partners, and Brewing & Brands segments. Its retail brands and formats 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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