Analysts Set Greene King (GNK) Target Price at $565.42

Shares of Greene King (LON:GNK) have been given a consensus rating of “Hold” by the fifteen ratings firms that are currently covering the stock, MarketBeat reports. Five investment analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is GBX 565.42 ($7.67).

A number of brokerages recently commented on GNK. Berenberg Bank decreased their target price on Greene King from GBX 450 ($6.10) to GBX 430 ($5.83) and set a “sell” rating on the stock in a report on Monday, April 23rd. JPMorgan Chase raised their target price on Greene King from GBX 500 ($6.78) to GBX 520 ($7.05) and gave the stock an “underweight” rating in a report on Wednesday, April 25th. Liberum Capital decreased their target price on Greene King from GBX 690 ($9.36) to GBX 670 ($9.09) and set a “buy” rating on the stock in a report on Friday, May 4th. Shore Capital reaffirmed a “buy” rating on shares of Greene King in a report on Thursday, January 25th. Finally, Peel Hunt reaffirmed an “add” rating and issued a GBX 600 ($8.14) target price on shares of Greene King in a report on Thursday, January 25th.

Shares of Greene King stock opened at GBX 544.60 ($7.39) on Friday. Greene King has a one year low of GBX 479.86 ($6.51) and a one 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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