Shares of Greggs plc (LON:GRG) have been given an average recommendation of “Hold” by the six research firms that are currently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, four have given a hold recommendation and one has issued a buy recommendation on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is GBX 1,185 ($15.48).
A number of analysts recently issued reports on the company. UBS Group restated a “buy” rating on shares of Greggs in a research report on Friday, October 26th. Shore Capital restated a “hold” rating on shares of Greggs in a research report on Tuesday, July 31st. Finally, Peel Hunt restated a “reduce” rating on shares of Greggs in a research report on Tuesday, July 31st.
Shares of GRG opened at GBX 1,216.44 ($15.89) on Tuesday. Greggs has a 52 week low of GBX 994.50 ($12.99) and a 52 week high of GBX 1,400.25 ($18.30).
Greggs plc operates as a bakery food-on-the-go retailer in the United Kingdom. It offers a range of fresh and frozen bakery products, sandwiches, drinks, snacks, small cakes and muffins, breakfast products, and sweet bakery treats, as well as porridges, salads, and soups. The company sells its products through its shops in travel, leisure, and work-centered catchments; and franchised stores in motorway service stations and petrol forecourts.
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