Several other equities research analysts have also recently weighed in on GNK. Peel Hunt reissued an add rating on shares of Greene King in a research note on Monday, August 6th. Canaccord Genuity raised Greene King to a buy rating and set a GBX 600 ($7.84) price target for the company in a research note on Friday, September 7th. JPMorgan Chase & Co. reissued an underweight rating on shares of Greene King in a research note on Monday, September 10th. Shore Capital reissued a buy rating on shares of Greene King in a research note on Friday, September 7th. Finally, Numis Securities reissued a reduce rating on shares of Greene King in a research note on Monday, September 10th. Four investment analysts have rated the stock with a sell rating, one has issued a hold rating and eight have issued a buy rating to the stock. The company has an average rating of Hold and an average target price of GBX 588.64 ($7.69).
Shares of GNK opened at GBX 497.70 ($6.50) on Thursday. Greene King has a 12-month low of GBX 479.86 ($6.27) and a 12-month high of GBX 768 ($10.04).
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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