Analysts are on the Bearish side about Greggs plc (LON:GRG) this week.

June 18, 2018 - By Winifred Garcia

Greggs plc (LON:GRG) Ratings Coverage

Among 5 analysts covering Greggs PLC (LON:GRG), 0 have Buy rating, 0 Sell and 5 Hold. Therefore 0 are positive. Greggs PLC has GBX 1450 highest and GBX 1030 lowest target. GBX 1248.75’s average target is 23.27% above currents GBX 1013 stock price. Greggs PLC had 12 analyst reports since January 16, 2018 according to SRatingsIntel. The stock of Greggs plc (LON:GRG) earned “Hold” rating by Canaccord Genuity on Wednesday, May 9. Shore Capital maintained the stock with “Hold” rating in Wednesday, May 9 report. The rating was maintained by Berenberg on Thursday, March 1 with “Buy”. On Thursday, February 15 the stock rating was maintained by Berenberg with “Buy”. On Friday, May 11 the stock rating was downgraded by Berenberg to “Hold”. Barclays Capital maintained it with “Equal-Weight” rating and GBX 1030 target in Tuesday, May 15 report. The stock has “Hold” rating by Shore Capital on Tuesday, February 27. As per Monday, March 12, the company rating was maintained by Berenberg. The rating was maintained by Shore Capital on Tuesday, January 16 with “Hold”. The company was maintained on Wednesday, January 17 by Canaccord Genuity. Below is a list of Greggs plc (LON:GRG) latest ratings and price target changes.

15/05/2018 Broker: Barclays Capital Rating: Equal-Weight New Target: GBX 1030.00 Maintain
11/05/2018 Broker: Berenberg Rating: Hold Downgrade
09/05/2018 Broker: Canaccord Genuity Rating: Hold Old Target: GBX 1340.00 New Target: GBX 1340.00 Maintain
09/05/2018 Broker: Shore Capital Rating: Hold Maintain
09/05/2018 Broker: Peel Hunt Rating: Under Review Old Target: GBX 1200.00 Under Review
12/03/2018 Broker: Berenberg Rating: Buy Old Target: GBX 1425.00 New Target: GBX 1425.00 Maintain
01/03/2018 Broker: Berenberg Rating: Buy Old Target: GBX 1450.00 New Target: GBX 1425.00 Reiteration
28/02/2018 Broker: Barclays Capital Rating: Equal Weight Old Target: GBX 1405.00 New Target: GBX 1405.00 Maintain
27/02/2018 Broker: Shore Capital Rating: Hold Maintain
15/02/2018 Broker: Berenberg Rating: Buy Old Target: GBX 1350.00 New Target: GBX 1450.00 Maintain

The stock decreased 0.59% or GBX 6 during the last trading session, reaching GBX 1013. About 26,003 shares traded. Greggs plc (LON:GRG) has 0.00% since June 18, 2017 and is . It has underperformed by 12.57% the S&P500.

Greggs plc operates as a bakery food-on-the-go retailer in the United Kingdom. The company has market cap of 1.02 billion GBP. It offers a range of fresh and frozen bakery products, sandwiches, drinks and snacks, pasties and bakes, breakfast products, sweets, and snacks, as well as pasta, salads, and soups. It has a 18.19 P/E ratio. The firm sells its products through its shops and franchised operations.

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