Share Name Share Symbol Market Type Share ISIN Share Description
Greggs LSE:GRG London Ordinary Share GB00B63QSB39 ORD 2P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -4.00p -0.38% 1,042.00p 1,042.00p 1,045.00p 1,064.00p 1,040.00p 1,051.00p 171,869 16:35:28
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Food & Drug Retailers 835.7 73.0 57.3 18.2 1,054.04

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Date Time Title Posts
02/8/201613:59Greggs with Charts & News2,911
13/1/201607:47Greggs - The Dough is Rising310
19/5/200909:00GREGGS COULD HAVE (PROMISING) INTERIMS45
13/3/200710:08Greggs - Express reports about Stock Split - making shares more liquid109
03/11/200610:02nbm-

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Greggs (GRG) Top Chat Posts

DateSubject
29/8/2016
09:20
Greggs Daily Update: Greggs is listed in the Food & Drug Retailers sector of the London Stock Exchange with ticker GRG. The last closing price for Greggs was 1,046p.
Greggs has a 4 week average price of 1,043.80p and a 12 week average price of 1,022.43p.
The 1 year high share price is 1,335p while the 1 year low share price is currently 869p.
There are currently 101,155,901 shares in issue and the average daily traded volume is 143,568 shares. The market capitalisation of Greggs is £1,054,044,488.42.
16/1/2016
06:11
taurusthebear: mike24 and ALBANYVILLAS seem to take dipolar views. I agree with neither. GRG was (and still is, IMO, given the slower growth) overpriced. They still seem to be growing sales and expanding, however, so the only issue is the share price. Wake me up when it's closer to 850p. The markets need a good old clear out, any road up... :0)
20/11/2015
11:17
waspfactory: Birthday cakes in the office today, queue out onto the street at local Greggs as usual - first mince pie this winter - very nice and coffee good too. Share price over £12 to boot, happy days.
04/10/2015
11:46
lauders: Well this new broker note from the end of August (21st?) obviously had an effect: RELATED QUOTES Symbol Price Change GGGSF 20.30 0.00 LONDON (ShareCast) - Broker Berenberg has begun coverage of Greggs (Other OTC: GGGSF - news) with a 'sell' recommendation on the fast food chain's shares as the market appears to be ignoring several potential risks ahead. Greggs's recent strategy to focus on its core food-on-the-go market and improve the supply chain has been met with initial success, helping the company pick itself up after struggles in the face of new market entrants and the rapid expansion of other rivals. The strategic overhaul launched in 2013 has provided some initial success, with total sales up 5.5% in 2014 and own shop like-for-like sales up 4.5% - the strongest like-for-like growth since the recession. This contributed to a 40% increase in pre-exceptional operating profits in 2014 to £58.1m. For 2015, management believes market conditions remain favourable: costs are well under control, it should achieve net shop growth of 20-30 sites and, despite being mindful of the strong sales comparatives in 2014, it remains optimistic on the year. But with the stock responding well to the improvement in business performance, analysts at the German bank believe risks still remain in the recovery story that are not being captured in the share price, which is now up 90% since July 2014. The stock trades at 19.8 times forecast 2015 earnings versus UK food service peers on 21.9 times earnings. Berenberg's UK food retail team say potential risks lie in the competitive nature of a market growing at circa 2-6% per year and driven by both like-for-like growth in existing sites and continued roll-outs of new sites from a plethora of competitors such as coffee shops, supermarket convenience stores, specialists and fast food operators. Like-for-like comparisons are expected to become tougher through 2015, demanding more from the existing product offering. Then, while the plan to refurbish stores and exit poorly performing ones has seen initial success, the analysts believe the net store additions will be limited in the coming years and will not contribute materially to top-line growth. Finally, it is likely to be hard for the company to replicate the type of margin growth seen between 2013 and 2014 when EBIT margins rose 1.8% to 7.2%. "While management is seeing continued ingredient and packaging cost deflation and an improvement in efficiencies which will contribute to EBIT margin progression in the coming years, we believe much of this is already priced in." "With new competition entering the market and management anticipating the need for 1-2% like-for-like growth for the margins to standstill we see limited scope for future margin progression." Berenberg initiates with a price target of 820p. Hope Berenberg are wrong and the Scotsman is right! Only a day or so to find out!
13/9/2015
09:46
dlku: The Greggs share price is tanking as the penny is beginning to drop on the cost of the living wage. Service industries are heavy on people, many of whom are at the low end of the pay scale. Greggs is known to pay its workers a pittance and some have been given a kick up the kazi when they steal a bun or a cake from the bins. In the current climate Grg will struggle to increase prices, so will have to absorb at lot of the extra cost. that will impact margins and profirs. Inflation is likely to remain subdued, which is another negative factor for them.
21/8/2015
15:38
dlku: feel i ought to repost berenbergs 820p target and reasons Why> because I'm selfless and good guy RELATED QUOTES Symbol Price Change GGGSF 20.30 0.00 LONDON (ShareCast) - Broker Berenberg has begun coverage of Greggs (Other OTC: GGGSF - news) with a 'sell' recommendation on the fast food chain's shares as the market appears to be ignoring several potential risks ahead. Greggs's recent strategy to focus on its core food-on-the-go market and improve the supply chain has been met with initial success, helping the company pick itself up after struggles in the face of new market entrants and the rapid expansion of other rivals. The strategic overhaul launched in 2013 has provided some initial success, with total sales up 5.5% in 2014 and own shop like-for-like sales up 4.5% - the strongest like-for-like growth since the recession. This contributed to a 40% increase in pre-exceptional operating profits in 2014 to £58.1m. For 2015, management believes market conditions remain favourable: costs are well under control, it should achieve net shop growth of 20-30 sites and, despite being mindful of the strong sales comparatives in 2014, it remains optimistic on the year. But with the stock responding well to the improvement in business performance, analysts at the German bank believe risks still remain in the recovery story that are not being captured in the share price, which is now up 90% since July 2014. The stock trades at 19.8 times forecast 2015 earnings versus UK food service peers on 21.9 times earnings. Berenberg's UK food retail team say potential risks lie in the competitive nature of a market growing at circa 2-6% per year and driven by both like-for-like growth in existing sites and continued roll-outs of new sites from a plethora of competitors such as coffee shops, supermarket convenience stores, specialists and fast food operators. Like-for-like comparisons are expected to become tougher through 2015, demanding more from the existing product offering. Then, while the plan to refurbish stores and exit poorly performing ones has seen initial success, the analysts believe the net store additions will be limited in the coming years and will not contribute materially to top-line growth. Finally, it is likely to be hard for the company to replicate the type of margin growth seen between 2013 and 2014 when EBIT margins rose 1.8% to 7.2%. "While management is seeing continued ingredient and packaging cost deflation and an improvement in efficiencies which will contribute to EBIT margin progression in the coming years, we believe much of this is already priced in." "With new competition entering the market and management anticipating the need for 1-2% like-for-like growth for the margins to standstill we see limited scope for future margin progression." Berenberg initiates with a price target of 820p. another thorn tons disaster
12/8/2015
09:45
mike740: AND.................. Greggs downgraded by Canaccord StockMarketWire.com Canaccord Genuity has lowered its investment rating on Greggs (LON:GRG), the high street baker and sausage roll king pin, following last week's interims and despite describing them as being "excellent" and better than expected. However, the broker pointed out that the shares have tripled their value in the last twelve months and reckons investors will now have to pick their entry point with a bit more care. "Longer term, there is still plenty to do. Greggs is still a long way from being a best-in-class operator, but the systems overhaul (a five year project), increased focus on logistic capacity (needed in the SE), further shop format developments and menu initiatives demonstrate serious intent," analysts added. Canaccord has left its price target unchanged at 1,350 pence a share. At 12:22pm: (LON:GRG) Greggs PLC share price was -13.5p at 1271.5p
05/6/2015
12:39
crbema: Greggs plc using EPIC code LON:GRG has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Canaccord Genuity. Greggs plc are listed in the Consumer Services sector within UK Main Market. Canaccord Genuity have set their target price at 1350 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 13.7% from the opening price of 1187 GBX. Greggs plc LON:GRG has a 50 day moving average of 1,133.07 GBX and a 200 Day Moving Average share price is recorded at 825.72 GBX. The 1 year high stock price is 1218 GBX while the year low share price is currently 497.5 GBX. http://www.directorstalkinterviews.com/greggs-plc-13-7-potential-upside-indicated-by-canaccord-genuity/412665765
14/5/2015
13:03
dlku: http://www.ukvalueinvestor.com/2015/05/shares-in-greggs-plc-are-too-expensive-according-to-these-metrics.html/ Back in 2012 I bought a few shares in Greggs for 485p. To me it looked like a solid, relatively defensive company with a good track record of dividend growth and an attractive near-5% dividend yield. Fast forward to late 2014 and I decided to sell my shares in Greggs at 599p, largely because the shares were no longer obviously cheap. I’d made almost 30% in two years and I wanted to invest in other companies that were trading at more attractive prices. But of course the market is a funny thing and what one person thinks is expensive (599p) another thinks is cheap. As I got out, Greggs’ share price increase sucked in the “momentum” crowd, those investors who buy whatever’s going up, and they continued to drive the price up and up and up. Today the shares stand at almost 1,200p, twice the price I thought was about fair value. At today’s level the company’s shares have: Dividend yield = 2% (FTSE 100 = 3.4%) PE10 (share price to 10 year average earnings) = 31 (FTSE 100 = 16.3) PD10 (share price to 10 year average dividend) = 63.3 (FTSE 100 = 34.6) In every way the shares are more expensive than average, implying that investors think Greggs is substantially better than the average company. In fact those multiples assume that Greggs is in the same league as Sky, Reckitt Benckiser, Next and other companies that have been extremely successful over prolonged periods of time. I’m not remotely convinced that’s right. I think Greggs’ share price could have a long way to fall if the company even slightly disappoints the market.
06/5/2015
16:11
dlku: Today the shares stand at almost 1,200p, twice the price I thought was about fair value. At today’s level the company’s shares have: Dividend yield = 2% (FTSE 100 = 3.4%) PE10 (share price to 10 year average earnings) = 31 (FTSE 100 = 16.3) PD10 (share price to 10 year average dividend) = 63.3 (FTSE 100 = 34.6) In every way the shares are more expensive than average, implying that investors think Greggs is substantially better than the average company. In fact those multiples assume that Greggs is in the same league as Sky, Reckitt Benckiser, Next and other companies that have been extremely successful over prolonged periods of time. I’m not remotely convinced that’s right. I think Greggs’ share price could have a long way to fall if the company even slightly disappoints the market.
06/5/2015
07:38
opodio: Respected fund manager http://www.ukvalueinvestor.com/2015/05/shares-in-greggs-plc-are-too-expensive-according-to-these-metrics.html/ Shares in Greggs PLC are too expensive according to these metrics May 2, 2015 by John Kingham Leave a Comment Back in 2012 I bought a few shares in Greggs for 485p. To me it looked like a solid, relatively defensive company with a good track record of dividend growth and an attractive near-5% dividend yield. Fast forward to late 2014 and I decided to sell my shares in Greggs at 599p, largely because the shares were no longer obviously cheap. I’d made almost 30% in two years and I wanted to invest in other companies that were trading at more attractive prices. But of course the market is a funny thing and what one person thinks is expensive (599p) another thinks is cheap. As I got out, Greggs’ share price increase sucked in the “momentum” crowd, those investors who buy whatever’s going up, and they continued to drive the price up and up and up. Today the shares stand at almost 1,200p, twice the price I thought was about fair value. At today’s level the company’s shares have: Dividend yield = 2% (FTSE 100 = 3.4%) PE10 (share price to 10 year average earnings) = 31 (FTSE 100 = 16.3) PD10 (share price to 10 year average dividend) = 63.3 (FTSE 100 = 34.6) In every way the shares are more expensive than average, implying that investors think Greggs is substantially better than the average company. In fact those multiples assume that Greggs is in the same league as Sky, Reckitt Benckiser, Next and other companies that have been extremely successful over prolonged periods of time. I’m not remotely convinced that’s right. I think Greggs’ share price could have a long way to fall if the company even slightly disappoints the market.

Greggs (GRG) Latest Trade

Greggs Most Recent Trade

Trade Type Trade Size Trade Price Trade Date Trade Time Currency
3,048 1,044.27 26 Aug 2016 17:01:27 GBX
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