Greene King (LON:GNK): Deutsche Reiterates “Buy” Rating Today, Has a Target of GBX 875.00/Share

June 20, 2017 - By Stephen Andrade

Greene King (LON:GNK) Rating Reaffirmed

In analysts note made public on Tuesday, 20 June, The “Buy” rating of Greene King (LON:GNK) shares was restate by Analysts at Deutsche, who now has a GBX 875.00 TP on the stock. Deutsche’s TP indicates a possible upside of 20.19 % from the last stock close price of the company.

Greene King plc (LON:GNK) Ratings Coverage

Among 19 analysts covering Greene King PLC (LON:GNK), 10 have Buy rating, 0 Sell and 9 Hold. Therefore 53% are positive. Greene King PLC has GBX 1175 highest and GBX 399 lowest target. GBX 905’s average target is 24.91% above currents GBX 724.5 stock price. Greene King PLC had 108 analyst reports since July 24, 2015 according to SRatingsIntel. The stock has “Add” rating by Numis Securities on Thursday, March 17. JP Morgan maintained it with “Overweight” rating and GBX 830 target in Thursday, December 1 report. The stock of Greene King plc (LON:GNK) earned “Hold” rating by Jefferies on Friday, December 4. Deutsche Bank maintained Greene King plc (LON:GNK) rating on Wednesday, February 3. Deutsche Bank has “Buy” rating and GBX 1175 target. The stock has “Buy” rating by Canaccord Genuity on Tuesday, April 26. The firm has “Add” rating given on Wednesday, February 3 by Numis Securities. Panmure Gordon upgraded the shares of GNK in report on Tuesday, July 21 to “Buy” rating. The stock of Greene King plc (LON:GNK) earned “Buy” rating by Deutsche Bank on Wednesday, January 20. The stock of Greene King plc (LON:GNK) earned “Overweight” rating by JP Morgan on Tuesday, July 28. The firm earned “Overweight” rating on Thursday, June 30 by JP Morgan.

The stock decreased 0.62% or GBX 4.5 on June 20, reaching GBX 724.5. About 748,118 shares traded. Greene King plc (LON:GNK) has 0.00% since June 20, 2016 and is . It has underperformed by 16.70% the S&P500.

Greene King plc is an integrated pub retailer and brewer. The company has market cap of 2.25 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 11.61 P/E ratio. The Company’s divisions include Pub Company, Pub Partners, and Brewing & Brands.

More notable recent Greene King plc (LON:GNK) news were published by: Ft.com which released: “Greene King lifted by Spirit but points to Brexit uncertainty” on June 29, 2016, also Fool.Co.Uk with their article: “Why Greene King plc is in my ‘buy zone’ but Diageo plc isn’t” published on February 10, 2017, Ft.com published: “Greene King presses ahead with £774m Spirit Pub acquisition” on June 11, 2015. More interesting news about Greene King plc (LON:GNK) were released by: Ft.com and their article: “Greene King picks Cloverleaf chain” published on January 31, 2011 as well as Prnewswire.com‘s news article titled: “Greene King to present at the dbVIC – Deutsche Bank ADR Virtual Investor …” with publication date: March 17, 2017.

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