Home » Reports » Broker Ratings » Greggs plc 13.3% Potential Decrease Indicated by Berenberg

Greggs plc 13.3% Potential Decrease Indicated by Berenberg

Greggs plc using EPIC/TICKER code (LON:GRG) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ today by analysts at Berenberg. Greggs plc are listed in the Consumer Services sector within UK Main Market. Berenberg have set a target price of 1780 GBX on its stock. This is indicating the analyst believes there is a potential downside of -13.3% from today’s opening price of 2054 GBX. Over the last 30 and 90 trading days the company share price has increased 231 points and increased 479 points respectively. The 52 week high share price is 2118 GBX while the 52 week low for the share price is 939 GBX.

Greggs plc has a 50 day moving average of 1,853.55 GBX and a 200 day moving average of 1,443.50. There are currently 101,155,901 shares in issue with the average daily volume traded being 246,652. Market capitalisation for LON:GRG is £2,023,118,020 GBP.

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