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GRG Greggs Plc

2,624.00
-24.00 (-0.91%)
Last Updated: 09:03:39
Delayed by 15 minutes
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
  -24.00 -0.91% 2,624.00 11,915 09:03:39
Bid Price Offer Price High Price Low Price Open Price
2,620.00 2,624.00 2,654.00 2,600.00 2,600.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Bakeries-retail 1.81B 142.5M 1.3936 19.02 2.71B
Last Trade Time Trade Type Trade Size Trade Price Currency
09:02:38 O 7 2,623.9906 GBX

Greggs (GRG) Latest News

Greggs (GRG) Discussions and Chat

Greggs Forums and Chat

Date Time Title Posts
13/11/202409:37Greggs with Charts & News4,894
14/5/202406:06Greggs not getting the attention it deserves!12
16/2/202314:42Greggs - The Dough is Rising348
12/11/202016:32Greggs PLC Full Year Results 07.03.19 Preview1
19/5/200908:00GREGGS COULD HAVE (PROMISING) INTERIMS45

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Greggs (GRG) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
09:02:392,623.997183.68O
09:01:412,620.00378.60O
09:01:072,624.00581,521.92O
09:00:212,622.862506,557.15O
09:00:202,620.001032,698.60O

Greggs (GRG) Top Chat Posts

Top Posts
Posted at 21/11/2024 08:20 by Greggs Daily Update
Greggs Plc is listed in the Bakeries-retail sector of the London Stock Exchange with ticker GRG. The last closing price for Greggs was 2,648p.
Greggs currently has 102,255,675 shares in issue. The market capitalisation of Greggs is £2,707,730,274.
Greggs has a price to earnings ratio (PE ratio) of 19.00.
This morning GRG shares opened at 2,600p
Posted at 08/11/2024 12:58 by r2oo
Hope that's not the reason for the share drop today!
Posted at 08/11/2024 10:07 by skinny
FWIW :-

Deutsche Bank Research cuts Greggs to 'sell' (hold) - price target 2,400 (2,600) pence
Posted at 02/10/2024 22:56 by philanderer
Liberum downgrades Greggs


Panmure Liberum has downgraded Greggs (GRG) after a strong run in the shares of the high-street baker.

Analyst Wayne Brown moved from ‘buy to ‘hold but increased the target price from £31 to £33 on the Citywire Elite Companies A-rated stock, which fell 5.3% to £29.60 on Tuesday, but has climbed 13% in 2024 to date.

The third-quarter trading update from the baker provided ‘little new information or change in guidance’, with like-for-like sales up 5% which means ‘the company needs to hit 4% like-for-like in the fourth quarter to meet our full-year assumption… and deliver 12% full-year sales growth’, Brown said.

‘This is supported by new openings which remain on track and while the upside is light on strategic initiatives such as dayparts and delivery channels, we have no reason to believe these are also not on track,’ he said.

The shares have outperformed the FTSE 350 year-to-date, growing 16% and ‘deservedly so’.

‘We upgrade our profit before tax by 6% but move to a “hold” purely on valuation grounds and nudge our target price up, reflecting the better margin outturn,’ said Brown.


citywire.com
Posted at 01/10/2024 11:51 by philanderer
In the FTSE 250 index, a third quarter update by Greggs left its shares 3% or 96p weaker at 3028p.

The food-on-the-go firm reported a 5% increase in like-for-like sales in its company-owned stores, slower than the 7.4% seen in half-year results but against tougher comparatives the year before.

An improved cost outlook and September’s strong finish to the quarter meant analysts at Jefferies said they saw no reason to change their positive stance on the group. The bank has a target price of 3450p.
Posted at 05/8/2024 09:08 by philanderer
HSBC cuts Greggs to 'hold' (buy) - price target 3,350 pence
Posted at 01/8/2024 09:00 by skinny
FWIW :- Berenberg raises Greggs price target to 3,600 (3,340) pence - 'buy'
Posted at 31/7/2024 09:53 by skinny
FWIW :- UBS raises Greggs price target to 3350 (3200) pence - 'buy'
Posted at 30/7/2024 23:22 by philanderer
Greggs hikes price of sausage rolls and cheese sandwiches in a bid to offset soaring wage bill


Daily Mail
Posted at 18/6/2024 09:17 by philanderer
Greggs is cooling down, says Peel Hunt


Peel Hunt is wary of the growth opportunity at Greggs (GRG) after a site tour with the high-street baker.

Analyst Jonathan Pritchard reiterated his ‘hold’ recommendation and target price of £27 on the Citywire Elite Companies A-rated baker, which climbed 1.7% to £28.58 on Monday.

The tour gave Pritchard ‘a clear indication of the supply chain constraints Greggs faces as it grows, and management presented its solution – a push towards centralised distribution’.

Pritchard questioned whether the ambitious plan to have 3,500 stores is a stretch and wondered whether ‘we are close to hitting peak Greggs’.

‘With franchises increasing in the mix, we reflect on its incremental profitability, forecasting a slowdown into full-year 2028,’ he said.

‘Despite the successful growth post-Covid, we are wary of the remaining white space opportunity. The valuation is relatively high at 22 times price to earnings and we stick to our bottom-of-the-range view for full-year 2024-2026, expecting profit growth to taper in full-year 2028.’


citywire.com
Posted at 10/6/2024 07:32 by waldron
Analysts' Consensus

Mean consensus
BUY

Number of Analysts
13

Last Close Price
28.5 GBP

Average target price
32.28 GBP
Spread / Average Target
+13.25%

High Price Target
40 GBP
Spread / Highest target
+40.35%

Low Price Target
26 GBP
Spread / Lowest Target
-8.77%
Greggs share price data is direct from the London Stock Exchange