Greggs plc 12.1% Potential Upside Indicated by Berenberg

Broker Ratings

Greggs plc using EPIC/TICKER code (LON:GRG) has had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘BUY’ this morning by analysts at Berenberg. Greggs plc are listed in the Consumer Services sector within UK Main Market. Berenberg have set their target price at 1860 GBX on its stock. This indicates the analyst now believes there is a potential upside of 12.1% from the opening price of 1659 GBX. Over the last 30 and 90 trading days the company share price has decreased 113 points and decreased 737 points respectively. The 1 year high share price is 2550 GBX while the year low share price is currently 1276.5 GBX.

Greggs plc has a 50 day moving average of 1,700.60 GBX and a 200 Day Moving Average share price is recorded at 2,029.95. There are currently 101,155,901 shares in issue with the average daily volume traded being 625,749. Market capitalisation for LON:GRG is £1,685,257,310 GBP.

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