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Greene King plc 6% Potential Decrease Indicated by HSBC

Greene King plc using EPIC/TICKER code (LON:GNK) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘REDUCE’ today by analysts at HSBC. Greene King plc are listed in the Consumer Services sector within UK Main Market. HSBC have set their target price at 480 GBX on its stock. This would indicate that the analyst believes there is a downside of -6.0% from the opening price of 510.6 GBX. Over the last 30 and 90 trading days the company share price has decreased 9 points and decreased 5.9 points respectively. The 1 year high stock price is 768 GBX while the 52 week low for the share price is 490.08 GBX.

Greene King plc has a 50 day moving average of 537.18 GBX and a 200 Day Moving Average share price is recorded at 608.37. There are currently 309,976,799 shares in issue with the average daily volume traded being 1,279,061. Market capitalisation for LON:GNK is £1,594,520,730 GBP.

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