Some funds reduce their bets against Greencore
Greencore remains a buy-out target even though its share price bounced back in recent days and some short traders reduced their bets against the company
Irish sandwich makerGreencore remains a buy-out target even though its share price bounced back in recent days and some short traders reduced their bets against the company.
Greencore’s share price closed at £1.57 on Monday, up from its low of £1.27 at the start of March.
However, according to Fintan Ryan, an equity analyst with Berenberg Bank, “the shares originally dropped hugely- far too much versus forecast downgrades - so the improvement since ...
