Analyst Activity – Investec Reiterates Buy on Greggs plc (LON:GRG)

Analyst Ratings For Greggs plc (LON:GRG)

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Today, Investec reiterated its Buy rating on Greggs plc (LON:GRG) with a price target of GBX 1,225.

There are 3 hold ratings, 2 buy ratings on the stock.

The current consensus rating on Greggs plc (LON:GRG) is Hold (Score: 2.40) with a consensus target price of GBX 1,136.25 per share, a potential .

Some recent analyst ratings include

  • 2/28/2017-Investec Reiterated Rating of Buy.
  • 2/28/2017-Shore Capital Reiterated Rating of Hold.
  • 2/28/2017-Peel Hunt was Downgraded by analysts at Peel Hunt from a “Hold” rating to a “” rating. They now have a GBX 1,000 price target on the stock, up previously from GBX 1,100 .
  • 2/9/2017-Berenberg Bank Reiterated Rating of Hold.
  • 10/4/2016-Canaccord Genuity Reiterated Rating of Buy.
  • 10/6/2015-N+1 Singer Reiterated Rating of corporate.


    About Greggs plc (LON:GRG)
    Greggs plc is a United Kingdom-based bakery food on-the-go retailer. The Company’s products and services consist of a range of fresh bakery goods, sandwiches and drinks in its shop. The Company also provides frozen bakery products to its wholesale customers. The Company owns approximately 1,698 shops, 12 regional bakeries, one distribution center and one manufacturing center. The Company has approximately 105 franchised shops operating in travel and other convenience locations. The Company offers pastries and bakes, sandwiches, breakfast, sweets, pastas, salads and soups, bread, platters, drinks and snacks. The Company’s Balanced Choice products offer choices, which have approximately 400 calories. The Company’s sales are made to the general public, as well as to certain organizations.

    Recent Trading Activity for Greggs plc (LON:GRG)
    Shares of Greggs plc closed the previous trading session at 978.49 down -32.51 -3.22% with 242,577 shares trading hands.

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