Greene King (GNK) Receives GBX 565.42 Consensus Target Price from Analysts

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.

Analyst Recommendations for Greene King (LON:GNK)

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