Greencore price target raised to 185 GBp from 165 GBp at Jefferies

Jefferies analyst Andrew Wade raised the firm’s price target on Greencore (GNCGY) to 185 GBp from 165 GBp and keeps a Hold rating on the shares. Management has “successfully transformed the market’s perception of Greencore, from a perennial downgrade candidate to a consistent beat-and-raise story,” but the firm believes further upside requires greater visibility, the analyst tells investors.