Greene King (GNK) Rating Reiterated by Liberum Capital

Liberum Capital reiterated their buy rating on shares of Greene King (LON:GNK) in a research note issued to investors on Thursday morning. The brokerage currently has a GBX 720 ($9.64) price objective on the stock.

GNK has been the subject of several other research reports. Shore Capital restated a buy rating on shares of Greene King in a research report on Thursday. Deutsche Bank reduced their price target on shares of Greene King from GBX 830 ($11.12) to GBX 740 ($9.91) and set a buy rating for the company in a research report on Wednesday, October 18th. J P Morgan Chase & Co reduced their price target on shares of Greene King from GBX 750 ($10.04) to GBX 650 ($8.70) and set a neutral rating for the company in a research report on Monday, September 11th. Peel Hunt reduced their price target on shares of Greene King from GBX 750 ($10.04) to GBX 625 ($8.37) and set an add rating for the company in a research report on Wednesday, October 25th. Finally, Numis Securities restated a hold rating and issued a GBX 595 ($7.97) price target on shares of Greene King in a research report on Thursday. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the stock. The company has an average rating of Hold and a consensus price target of GBX 620 ($8.30).

Shares of Greene King (LON:GNK) opened at GBX 517 ($6.92) on Thursday. Greene King has a one year low of GBX 490.08 ($6.56) and a one year high of GBX 768 ($10.29).

Greene King (LON:GNK) last issued its quarterly earnings results on Thursday, November 30th. The company reported GBX 33 ($0.44) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of GBX 34 ($0.46) by GBX (1) (($0.01)). The firm had revenue of GBX 103.14 billion during the quarter. Greene King had a net margin of 6.65% and a return on equity of 7.76%.

The business also recently announced a dividend, which will be paid on Friday, January 19th. Shareholders of record on Thursday, December 7th will be given a GBX 8.80 ($0.12) dividend. The ex-dividend date of this dividend is Thursday, December 7th. This represents a yield of 1.69%.

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Greene King Company Profile

Greene King plc is an integrated pub retailer and brewer. The Company operates approximately 3,040 managed, tenanted, leased and franchised pubs, restaurants and hotels, including brands, such as Hungry Horse, Chef & Brewer, Flaming Grill, Farmhouse Inns and its Greene King locals estate. The Company’s segments include Pub Company, Pub Partners, and Brewing & Brands.

Analyst Recommendations for Greene King (LON:GNK)

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