Share Name Share Symbol Market Type Share ISIN Share Description
Greggs Plc LSE:GRG London Ordinary Share GB00B63QSB39 ORD 2P
  Price Change % Change Share Price Shares Traded Last Trade
  -7.00 -0.3% 2,298.00 203,087 16:35:00
Bid Price Offer Price High Price Low Price Open Price
2,289.00 2,293.00 2,319.00 2,265.00 2,300.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Food & Drug Retailers 811.30 -13.70 -12.90 2,332
Last Trade Time Trade Type Trade Size Trade Price Currency
17:40:11 O 296 2,303.38 GBX

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Greggs (GRG) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2021-04-16 16:42:412,303.382966,818.00O
2021-04-16 16:33:082,311.4566115,278.70O
2021-04-16 16:30:032,298.003,20373,604.94O
2021-04-16 16:02:262,304.131,00023,041.29O
2021-04-16 15:58:292,310.8360313,934.33O
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Greggs (GRG) Top Chat Posts

Greggs Daily Update: Greggs Plc is listed in the Food & Drug Retailers sector of the London Stock Exchange with ticker GRG. The last closing price for Greggs was 2,305p.
Greggs Plc has a 4 week average price of 2,024p and a 12 week average price of 1,983p.
The 1 year high share price is 2,360p while the 1 year low share price is currently 1,113p.
There are currently 101,486,418 shares in issue and the average daily traded volume is 197,808 shares. The market capitalisation of Greggs Plc is £2,332,157,885.64.
philanderer: UBS RAISES GREGGS PRICE TARGET TO 2,430 (2,190) PENCE - 'BUY'
westdean: philanderer, do you have any predictions for tomorrow? Some hunch or vague intuition? I have been studying the share price movements today very closely, to see whether any clues can be obtained for what lies in store for tomorrow. At one time it looked very encouraging; it went up as much as 3.7%. I thought this was a very good omen. In the end the share price fell back to a level where the gains were around 1.2%. Well, it is useless for us to speculate: tomorrow is not a long way away now. Good luck if you are a holder.
philanderer: Analysts at Shore Capital have issued a 'sell' recommendation and target price of 1,780.0p on Greggs shares, arguing that more people working from home during the Covid-19 pandemic was a "game changer" for the High Street baker. Greggs on Wednesday said it expected to post a full-year pre-tax loss of £15m, reflecting the impact of the pandemic and associated lockdowns, and added that it did not see a return to pre-Covid profitability until 2022 at the earliest. ShoreCap said the latest national lockdown, imposed by the government on Monday, meant the first quarter of fiscal 2021 would see a "probable heavy hit" to earnings. "It is a game changer, which most probably notably reduces the long-term growth potential of the group, noting that within its growth plans outlined in March 2020 around 80% of new stores where to be located in Work/Travel locations!" "With a loss-making FY2020 in tow, a notable hit to full-year 2021 and the drag of working from home and all its effect thereafter, the grounds for Greggs' equity to be structurally de-rated are, we are sad to say, strong; to argue that Greggs stock should be re-rated is abject nonsense in our view." HTTPS://,-vodafone,-greggs
mayar: I would imagine results don't mention profit levels because the company is in discussion with unions re reduced staff hours and possible redundancies. I agree with tomc85 that the chart shows grg in a falling wedge pattern that must come to an end before £10. Positive divergence between the share price and rsi, over the March, Aug and Sept lows, suggests to me that breakout north is more likely. Mention of £5, £6 ,last seen in 2014 sounds like de-ramping nonsense. Short positions have declined to zero. I made money trading the last bounce up and continue to hold a few from £14.40 ish.
essentialinvestor: As the GRG share price was near £17 at the time of that post bergster, I'm surprised you were "topping up" if you anticipated £6.
essentialinvestor: Phil, would agree with the quality definitely. The issue is valuation, it's selling on well over 30x 2021 FY earnings estimates- and those estimates assume no further lockdown (at least that's how I read it). Just 2 years ago the GRG share price was under £11 a share, in August 2018. It got down to approx £10.25 a share that month, 2 years ago. Some are looking at the parabolic spike over £20 and's a bargain. But we are in a completely different environment now.
essentialinvestor: I thought below £14 would be seen again as mentioned last week. After that think it depends on if there are further lockdowns etc. In December 2018, the GRG share price was about 15% Below this morning's level. Pre COVID, pre recession and when the Company had a net cash position.
essentialinvestor: This day 2 years ago what price was GRG trading at?, Under £9.60 a share. Now you could make a case that ZIRP for longer makes GRG more attractive as an investment, however posted the 27 July 2018 price for some context on the current share price
3rd eye: GRG greggs chart looking very bullish as pointed out this weekend. On a winning streak and if share price gets to 1900p historical resistance and gets through it, the share price should easily move through the gap to 2000p. And then we would be talking about getting through next resistance level at 2200p. This looks one of the better charts around. Very solid. Berenberg note details... Lower cost forecasts: One bright spot is that costs during closure are proving lower than we expected, with virtually all operators (of those that have released public statements on the matter) pointing to rates of monthly cash-burn below our initial expectations. We have reduced cost estimates to reflect this. The UK leisure sector will have also breathed a collective sigh of relief at the Chancellor's announcement that the Coronavirus Job Retention Scheme (the furlough scheme) will be extended to the end of October, removing the risk of a support "cliff edge" in June. • Key conclusions: Fundamentally, we do not believe an extra month of lost revenue meaningfully changes the value of these businesses, particularly now that most have liquidity to see them through the coming months. Nonetheless, the trading outlook for the next 12 months (at least) is more uncertain than at any time in most of these companies' histories. As a result, our preference is for companies with the best balance sheets, the best brands and the best momentum prior to the pandemic. In our view, they will have opportunities to grow market share even faster over time, as they pick up the pieces from failed competition while the going remains tough. • Ratings changes: Given our investment preferences, we have upgraded Greggs to Buy. It is a leading brand in the food-to-go sector with a strong balance sheet and it had generated very strong lfl growth for 18 months prior to the pandemic.
Greggs share price data is direct from the London Stock Exchange
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