Greggs plc Stock Rating Reaffirmed by N+1 Singer (GRG)
Greggs plc (LON:GRG) traded up 4.38% during mid-day trading on Tuesday, hitting GBX 559.50. 377,197 shares of the company’s stock traded hands. Greggs plc has a 52-week low of GBX 388.40 and a 52-week high of GBX 562.875. The stock has a 50-day moving average of GBX 525.4 and a 200-day moving average of GBX 503.0. The company’s market cap is £562.3 million.
A number of other analysts have also recently weighed in on GRG. Analysts at Oriel Securities Ltd reiterated a “hold” rating on shares of Greggs plc in a research note on Friday, May 9th. They now have a GBX 500 ($8.52) price target on the stock. Separately, analysts at Liberum Capital reiterated a “hold” rating on shares of Greggs plc in a research note on Friday, May 9th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company’s stock. Greggs plc has a consensus rating of “Hold” and a consensus price target of GBX 487 ($8.30).
Greggs plc is a bakery retailer in the United Kingdom. The Company has approximately 2,000 shops, supplied by approximately 10 regional bakeries.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.