Greencore Group (LON:GNC) Given Outperform Rating at Royal Bank Of Canada

Royal Bank Of Canada reissued their outperform rating on shares of Greencore Group (LON:GNC) in a research note released on Monday, Marketbeat reports. Royal Bank Of Canada currently has a GBX 300 price target on the stock.

Greencore Group Trading Down 0.6%

Shares of GNC stock opened at GBX 235.50 on Monday. The company has a debt-to-equity ratio of 55.60, a quick ratio of 0.62 and a current ratio of 0.70. The company has a market capitalization of £1.04 billion, a price-to-earnings ratio of 0.24, a PEG ratio of 0.10 and a beta of 1.19. Greencore Group has a 52-week low of GBX 162.60 and a 52-week high of GBX 281. The company has a 50-day simple moving average of GBX 234.67 and a two-hundred day simple moving average of GBX 236.01.

Insider Activity at Greencore Group

In other Greencore Group news, insider Leslie Van de Walle purchased 40,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 19th. The stock was bought at an average cost of GBX 236 per share, with a total value of £94,400. Insiders own 1.61% of the company’s stock.

About Greencore Group

We are a leading manufacturer of convenience food in the UK and our purpose is to make every day taste better. To help us achieve this we have a model called The Greencore Way, which is built on the differentiators of People at the Core, Great Food, Delivery Excellence, Lasting Partnerships and Sustainable Choices – The Greencore Way describes both who we are and how we will succeed.

We supply all of the major supermarkets in the UK.