Greencore Group plc 23.7% potential upside indicated by Berenberg Bank

Greencore Group plc with ticker (LON:GNC) now has a potential upside of 23.7% according to Berenberg Bank.



Berenberg Bank set a target price of 175 GBX for the company, which when compared to the Greencore Group plc share price of 134 GBX at opening today (12/01/2022) indicates a potential upside of 23.7%. Trading has ranged between 1 (52 week low) and 135 (52 week high) with an average of 1,429,576 shares exchanging hands daily. The market capitalisation at the time of writing is £697,151,108.

Greencore Group plc is an Ireland-based manufacturer of convenience foods. The Company supplies a range of chilled, frozen, and ambient foods to retail and food service customers in the United Kingdom (UK). It also supplies to convenience and travel retail outlets, discounters, coffee shops, foodservice, and other retailers. The Company’s convenience food categories include sandwiches, salads, sushi, chilled snacking, chilled ready meals, chilled soups and sauces, chilled quiche, ambient sauces and pickles, and frozen Yorkshire Puddings, as well as the Irish ingredients trading business. The Company operates approximately 13 manufacturing units across nine locations, including eight sandwich units, three salad units, and two sushi units.