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Greggs plc 9.7% 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 1880 GBX on its stock. This would indicate that the analyst believes there is a downside of -9.7% from today’s opening price of 2082 GBX. Over the last 30 and 90 trading days the company share price has increased 230 points and increased 527 points respectively. The 52 week high share price is 2104 GBX while the 52 week low for the stock is 939 GBX.

Greggs plc has a 50 day moving average of 1,842.17 GBX and a 200 Day Moving Average share price is recorded at 1,432.78. There are currently 101,155,901 shares in issue with the average daily volume traded being 235,295. Market capitalisation for LON:GRG is £2,122,250,802 GBP.