Greene King (GNK) Rating Reiterated by Liberum Capital

Liberum Capital restated their buy rating on shares of Greene King (LON:GNK) in a report released on Tuesday, March 6th. Liberum Capital currently has a GBX 690 ($9.53) price target on the stock.

GNK has been the topic of a number of other reports. Shore Capital reaffirmed a buy rating on shares of Greene King in a research note on Thursday, November 30th. Peel Hunt reaffirmed an add rating and issued a GBX 600 ($8.29) price objective on shares of Greene King in a research note on Friday, January 5th. Canaccord Genuity reduced their price target on shares of Greene King from GBX 550 ($7.60) to GBX 520 ($7.18) and set a hold rating on the stock in a research report on Friday, December 1st. Berenberg Bank reissued a sell rating and set a GBX 450 ($6.22) price target on shares of Greene King in a research report on Monday, January 8th. Finally, JPMorgan Chase & Co. lowered shares of Greene King to an underweight rating and dropped their price objective for the stock from GBX 650 ($8.98) to GBX 500 ($6.91) in a report on Tuesday, December 12th. Five research analysts have rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the company’s stock. The company presently has an average rating of Hold and an average target price of GBX 568.18 ($7.85).

Shares of Greene King (GNK) opened at GBX 495.50 ($6.85) on Tuesday. Greene King has a fifty-two week low of GBX 479.86 ($6.63) and a fifty-two week high of GBX 768 ($10.61). The firm has a market cap of $1,520.00 and a P/E ratio of 884.82.

In other Greene King news, insider Rooney Anand acquired 10,000 shares of the business’s stock in a transaction on Wednesday, February 7th. The stock was purchased at an average price of GBX 503 ($6.95) per share, with a total value of £50,300 ($69,494.34).

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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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