Rating Flow: Panmure Gordon Reiterated Greene King PLC (LON:GNK) As Buy; Has Target Of GBX 1050.00

November 30, 2016 - By Linda Rogers

Greene King PLC (LON:GNK) Rating

In a research note sent to clients and investors on today, Panmure Gordon kept their Buy rating on Greene King PLC (LON:GNK)‘s stock. The TP would suggest a potential upside of 52.06% from company’s current price.

Greene King plc (LON:GNK) Ratings Coverage

Out of 18 analysts covering Greene King PLC (LON:GNK), 12 rate it a “Buy”, 0 “Sell”, while 6 “Hold”. This means 67% are positive. GBX 1175 is the highest target while GBX 399 is the lowest. The GBX 931.63 average target is 34.34% above today’s (GBX 693.5) stock price. Greene King PLC has been the topic of 87 analyst reports since July 24, 2015 according to StockzIntelligence Inc. Canaccord Genuity maintained the stock with “Buy” rating in Friday, October 16 report. The rating was maintained by Deutsche Bank with “Buy” on Friday, March 18. The firm has “Buy” rating given on Tuesday, February 16 by Stifel Nicolaus. Numis Securities maintained the stock with “Hold” rating in Thursday, September 3 report. The stock of Greene King plc (LON:GNK) has “Buy” rating given on Tuesday, July 21 by Panmure Gordon. The rating was maintained by N+1 Singer with “Buy” on Friday, September 9. Goldman Sachs maintained Greene King plc (LON:GNK) rating on Wednesday, July 29. Goldman Sachs has “Buy” rating and GBX 1060 price target. The stock of Greene King plc (LON:GNK) has “Buy” rating given on Wednesday, February 3 by Deutsche Bank. The stock of Greene King plc (LON:GNK) has “Buy” rating given on Wednesday, December 2 by Goodbody. JP Morgan maintained the stock with “Overweight” rating in Tuesday, July 28 report.

About 1.12 million shares traded hands or 25.87% up from the average. Greene King plc (LON:GNK) has declined 13.02% since May 2, 2016 and is downtrending. It has underperformed by 18.25% the S&P500.

Analysts await Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) (NYSE:GNK) to report earnings on March, 9. They expect $-1.04 earnings per share, up 84.00% or $5.46 from last year’s $-6.5 per share. After $-3.80 actual earnings per share reported by Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) for the previous quarter, Wall Street now forecasts -72.63% EPS growth.

Greene King plc is an integrated pub retailer and brewer. The company has a market cap of 2.15 billion GBP. The Firm 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. It has a 10.94 P/E ratio. The Company’s divisions include Pub Company, Pub Partners, and Brewing & Brands.

According to Zacks Investment Research, “Genco Shipping & Trading Ltd. is a ship owning company. It transport iron ore, coal, grain, steel products and other drybulk cargoes along shipping routes. The company owned fleet of dry cargo vessels which consists of Capesize, Panamax, Ultramax, Supramax, Handymax and Handysize vessels. Genco Shipping & Trading Ltd. is based in New York, United States.”

More news for Greene King plc (LON:GNK) were recently published by: Uk.Finance.Yahoo.com, which released: “Greene King plc (GNK.L)” on March 29, 2014. Fool.Co.Uk‘s article titled: “Are J D Wetherspoon plc, Greene King plc and Whitbread plc the best Brexit …” and published on June 03, 2016 is yet another important article.

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