Greggs plc 5.2% Potential Decrease Indicated by Barclays Capital

Broker Ratings

Greggs plc with EPIC/TICKER (LON:GRG) has had its stock rating noted as ‘Retains’ with the recommendation being set at ‘EQUAL WEIGHT’ this morning by analysts at Barclays Capital. Greggs plc are listed in the Consumer Services sector within UK Main Market. Barclays Capital have set their target price at 1760 GBX on its stock. This would indicate that the analyst believes there is a downside of -5.2% from today’s opening price of 1856 GBX. Over the last 30 and 90 trading days the company share price has decreased 160 points and decreased 534 points respectively. The 52 week high for the share price is currently at 2496 GBX while the 52 week low is 1108 GBX.

Greggs plc has a 50 day moving average of 2,003.09 GBX and the 200 Day Moving Average price is recorded at 1,992.05. There are currently 101,155,901 shares in issue with the average daily volume traded being 621,017. Market capitalisation for LON:GRG is £1,888,373,963 GBP.

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