Greggs Share Discussion Threads

[tomps2] 26/11/2021 08:47

Alexandra Jackson Interview with PIWORLD

Alexandra Jackson mentions Greggs #GRG twice, once at 6m05s then again at 22:14 in the latest PIWORLD interview

Watch the video here:

Or listen to the podcast here:

[johnwise] 17/11/2021 14:57

Greggs vegan sausage roll hit by supply chain disruption

The bakery chain acknowledges that some stores 'may not have them', though its boss declared last month that "the sausage roll is safe".

[philanderer] 08/11/2021 11:14

Greggs could double sales by 2026, says Berenberg


High-street bakery Greggs (GRG) is on course to double sales by 2026, according to broker Berenberg.

Analyst Owen Shirley reiterated his ‘buy’ recommendation and increased the target price from £33 to £36 on the stock, which closed down 0.8%, or 25p, at £31.31 on Friday.

The company’s first capital markets day set out plans to increase its new store roll-out target and ‘released a remarkably punchy target to double revenue from £1.2bn this year to £2.4bn by 2026’.

‘We think the target is achievable, and that makes Greggs look cheap,’ said Shirley.

Shirley said the expansion plan to add 150 stores a year, up from 100, ‘is highly likely to succeed’, and that a decision to open two-thirds of stores until 8pm or later would see the company take a larger part of the food-to-go market.

‘Greggs currently trades at 25.9x 2022 price/earnings,’ he said.

‘However, if it can achieve its target to double sales by 2026, then, combined with some margin improvement, as it benefits from operational gearing, the shares would fall to c.10x theoretic 2026 price/earnings.’

[brad1] 04/11/2021 18:14

I can see the headline, Greggs export sausage rolls across the globe. And they now do delivery, so they could make a fortune delivering to Oz or NZ

[muchodinero] 04/11/2021 17:03

Yes, they probably have kangaroo in theirs, or vegimate?

[toffeeman] 04/11/2021 16:55

Aussies and NZers love it

[brad1] 04/11/2021 16:27

Interanational!! Sausage rolls!!! I don't think so, unless other countries like that sort of junk food.

[philanderer] 04/11/2021 11:22

BERENBERG RAISES GREGGS PRICE TARGET TO 3,600 (3,300) PENCE - 'BUY'

[muchodinero] 02/11/2021 12:23

Future looking good for Greggs, still in a huge growth cycle, there’s still so many places that Greggs can open new outlet. just wondering if they will ever decide to go international like Subway or Pizza franchises?

[philanderer] 02/11/2021 11:01

PANMURE INITIATES GREGGS WITH 'BUY' - TARGET 3,860 PENCE

[philanderer] 22/10/2021 09:47

UBS RAISES GREGGS PRICE TARGET TO 3,450 (3,050) PENCE - 'BUY'

[bouleversee] 20/10/2021 19:02

Possibly, I never buy them so I wouldn't know but I do buy shares for long term and find it much more difficult than years ago.

[brad1] 20/10/2021 18:08

Some would argue that buying a sausage roll is a gamble

[bouleversee] 06/10/2021 18:54

Agreed. Buying shares is no longer investment, just gambling.

[spacecake] 06/10/2021 18:35

Share price volatility here is a bit nuts, bet against at your own risk :-)

[bouleversee] 06/10/2021 13:24

Or maybe everyone has just gone to Tesco.

[bouleversee] 06/10/2021 11:53

No, they are all taking profits and/or following the yo-yo market.

[brad1] 06/10/2021 11:35

Looks like the queue has died down. Maybe that have all gone to Prets

[johnwise] 06/10/2021 04:34

Inflation is set to cost a typical family £1,800 by the end of the year and HALF have already started cutting back

[johnwise] 06/10/2021 04:28

Analysis: Can Greggs' robust ambitions withstand the heat of inflationary pressures?

[johnwise] 05/10/2021 21:41

Long queue Pret a Manger, going flat out with 5 tills. Food more healthy choice and organic (filtered) coffee with milk or cream on the side £1.25..Attractive imported staff, beautiful Italian wasted serving coffee..

[brad1] 05/10/2021 20:34

Must be those cheap sausage rolls

[bouleversee] 05/10/2021 19:54

So thst's your answer brad1. I'm holding on to mine.

[johnwise] 05/10/2021 19:18

I was in town at lunch time There was a queue stretching out into the street at Greggs???

[brad1] 05/10/2021 17:30

I don't get it! Why such a high valuation of nearly £3bn!! Waiting in the wings to short, but would be a fool to do so with such strength in SP