Brokerages Set Greene King plc (GNK) Price Target at $593.13

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Shares of Greene King plc (LON:GNK) have been assigned a consensus rating of “Hold” from the thirteen research firms that are currently covering the firm, MarketBeat reports. Four investment analysts have rated the stock with a sell rating, one has issued a hold rating and eight have issued a buy rating on the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is GBX 593.13 ($7.75).

Several brokerages have weighed in on GNK. Citigroup reissued a “buy” rating on shares of Greene King in a research note on Monday, July 30th. Peel Hunt reissued an “add” rating on shares of Greene King in a research note on Monday, August 6th. Liberum Capital reaffirmed a “buy” rating and set a GBX 670 ($8.75) target price on shares of Greene King in a research note on Friday, September 7th. Morgan Stanley upped their target price on Greene King from GBX 640 ($8.36) to GBX 660 ($8.62) and gave the company an “overweight” rating in a research note on Wednesday, September 12th. Finally, Numis Securities reaffirmed a “reduce” rating on shares of Greene King in a research note on Thursday, July 5th.

Shares of LON GNK opened at GBX 486.30 ($6.35) on Friday. Greene King has a 1-year low of GBX 479.86 ($6.27) and a 1-year high of GBX 768 ($10.04).

Greene King Company Profile

Greene King plc operates as a pub retailer and brewer in the United Kingdom. The company operates through three segments: Pub Company, Pub Partners, and Brewing & Brands. Its brands 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.

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Analyst Recommendations for Greene King (LON:GNK)

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