Greencore Group (LON:GNC – Get Rating)‘s stock had its “house stock” rating reissued by analysts at Shore Capital in a research report issued on Tuesday, Digital Look reports. Other research analysts also recently issued research reports about the stock. Peel Hunt reaffirmed a “hold” rating and issued a GBX 155 ($1.95) price target on shares […]
Greencore Group (LON:GNC – Get Rating)‘s stock had its “hold” rating reaffirmed by research analysts at Peel Hunt in a report issued on Tuesday, Marketbeat reports. They presently have a GBX 155 ($2.02) price objective on the stock. Peel Hunt’s target price indicates a potential upside of 26.43% from the stock’s current price. Other analysts […]
Shore Capital reissued their house stock rating on shares of Greencore Group (LON:GNC – Get Rating) in a report released on Thursday morning, Marketbeat Ratings reports. Separately, Berenberg Bank restated a buy rating and issued a GBX 175 ($2.29) price objective on shares of Greencore Group in a report on Monday, February 7th. Two analysts […]
25 May 2021 | 08:07am
StockMarketWire.com - Convenience food maker Greencore reported a strong recovery since the start of the second half of the year amid easing restrictions after swinging to a loss in the first half.
In the first seven weeks of the second half of 2021, pro forma revenue was approximately 64% above prior year levels and approximately 5% below equivalent pre-COVID levels in FY19
Pro forma revenue in food to go categories was running at approximately 123% above prior year levels and approximately 14% below the equivalent pre-COVID levels in FY19.
The stronger start to the second half pales in comparison to the first half, with restrictions weighing on demand.