Greggs plc 32.2% Potential Upside Indicated by Jefferies International

Broker Ratings

Greggs plc with EPIC/TICKER (LON:GRG) has had its stock rating noted as ‘Initiates/Starts’ with the recommendation being set at ‘BUY’ this morning by analysts at Jefferies International. Greggs plc are listed in the Consumer Services sector within UK Main Market. Jefferies International have set their target price at 2375 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 32.2% from the opening price of 1796 GBX. Over the last 30 and 90 trading days the company share price has decreased 14 points and decreased 304 points respectively. The 1 year high for the stock price is 2550 GBX while the 52 week low is 1276.5 GBX.

Greggs plc has a 50 day moving average of 1,693.77 GBX and a 200 Day Moving Average share price is recorded at 2,021.46. There are currently 101,155,901 shares in issue with the average daily volume traded being 542,989. Market capitalisation for LON:GRG is £1,887,569,112 GBP.

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