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Greggs plc 2.7% Potential Decrease Indicated by UBS

Greggs plc with EPIC/TICKER (LON:GRG) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ this morning by analysts at UBS. Greggs plc are listed in the Consumer Services sector within UK Main Market. UBS have set their target price at 1725 GBX on its stock. This would imply the analyst believes there is a potential downside of -2.7% from the opening price of 1772 GBX. Over the last 30 and 90 trading days the company share price has increased 212 points and increased 552 points respectively. The 52 week high share price is 1817 GBX while the 52 week low is 939 GBX.

Greggs plc has a 50 day moving average of 1,479.87 GBX and the 200 Day Moving Average price is recorded at 1,191.32. There are currently 101,155,901 shares in issue with the average daily volume traded being 541,019. Market capitalisation for LON:GRG is £1,805,530,713 GBP.