Markets
Market Update: Greencore shares fall as ISEQ bucks European market decline
Ireland companies were trading higher on Tuesday despite wider European shares dropping
Shares in Dublin-based Greencore fell on Tuesday morning as broker Peel Hunt downgraded the firm, as firms listed on the ISEQ All-Share traded higher despite poor sentiment in the rest of Europe.
London-listed Greencore group was down 6.5 per cent to trade at 94.9p by noon on Tuesday despite reporting healthy sales and profit growth for its 2023 financial year.
Analysts from Peel Hunt downgraded the convenience food manufacturer from “add” to “hold” and noted ...
