Greggs plc’s Hold Rating Reaffirmed at Shore Capital (GRG)
Shares of Greggs plc (LON:GRG) opened at 555.00 on Tuesday. 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 502.5. The company’s market cap is £557.8 million.
A number of other firms have also recently commented on GRG. Analysts at N+1 Singer reiterated a “corporate” rating on shares of Greggs plc in a research note on Tuesday. Separately, 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. Finally, analysts at Liberum Capital reiterated a “hold” rating on shares of Greggs plc in a research note on Friday, May 9th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company. The stock has an average rating of “Hold” and an average target price 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.
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