A number of other equities analysts have also weighed in on GRG. UBS Group reiterated a buy rating on shares of Greggs in a research report on Friday, October 26th. Peel Hunt upgraded shares of Greggs to a hold rating and increased their target price for the stock from GBX 950 ($12.41) to GBX 1,300 ($16.99) in a research report on Tuesday, November 27th. Finally, Barclays cut their target price on shares of Greggs from GBX 1,405 ($18.36) to GBX 1,400 ($18.29) and set an equal weight rating for the company in a research report on Tuesday, December 4th. Five investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The company has a consensus rating of Hold and an average target price of GBX 1,433 ($18.72).
Shares of LON:GRG opened at GBX 1,495 ($19.53) on Wednesday. Greggs has a twelve month low of GBX 994.50 ($12.99) and a twelve month high of GBX 1,400.25 ($18.30).
Greggs plc operates as a bakery food-on-the-go retailer in the United Kingdom. It offers a range of fresh and frozen bakery products, sandwiches, drinks, snacks, small cakes and muffins, breakfast products, and sweet bakery treats, as well as porridges, salads, and soups. The company sells its products through its shops in travel, leisure, and work-centered catchments; and franchised stores in motorway service stations and petrol forecourts.
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