LON:GRG - Greggs Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
About
FAQ

Consensus Rating: Hold
Consensus Price Target: GBX 1,501.67
Forecasted Upside: -40.74 %
Number of Analysts: 4
Breakdown:
3 Sell Ratings
0 Hold Ratings
1 Buy Ratings
0 Strong Buy Ratings

GBX 2,534 As of 06/22/2021 09:32 AM ET

▲ +4 (0.16%)

1 month | 3 months | 12 months

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Analyst Price Target for GRG

GBX 1,501.67

▼ -40.74% Downside Potential

This price target is based on 4 analysts offering 12 month price targets for Greggs in the last 3 months. The average price target is GBX 1,501.67, with a high forecast of GBX 2,105 and a low forecast of GBX 1,200. The average price target represents a -40.74% upside from the last price of GBX 2,534.

Current Consensus is Hold

The current consensus among 4 contributing investment analysts is to hold stock in Greggs. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details Read Past Recommendations Description Skip Past Price Target Consensus Chart

0 strong buy ratings
2 buy ratings
3 hold ratings
3 sell ratings

Ratings as of

12/29/2019

0 strong buy ratings
2 buy ratings
3 hold ratings
3 sell ratings

Ratings as of

3/28/2020

0 strong buy ratings
3 buy ratings
3 hold ratings
3 sell ratings

Ratings as of

6/26/2020

0 strong buy ratings
3 buy ratings
3 hold ratings
3 sell ratings

Ratings as of

9/24/2020

0 strong buy ratings
3 buy ratings
2 hold ratings
3 sell ratings

Ratings as of

12/23/2020

0 strong buy ratings
3 buy ratings
1 hold ratings
3 sell ratings

Ratings as of

3/23/2021

0 strong buy ratings
2 buy ratings
1 hold ratings
3 sell ratings

Ratings as of

5/22/2021

0 strong buy ratings
1 buy ratings
0 hold ratings
3 sell ratings

Ratings as of

6/21/2021

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target
5/10/2021	Shore Capital	Reiterated Rating	Sell
1/6/2021	Shore Capital	Reiterated Rating	Sell
11/27/2020	Shore Capital	Reiterated Rating	Sell
9/29/2020	Peel Hunt	Reiterated Rating	Sell	GBX 1,200
9/29/2020	Peel Hunt	Reiterated Rating	Sell	GBX 1,200
8/28/2020	Shore Capital	Reiterated Rating	Sell
7/29/2020	UBS Group	Reiterated Rating	Buy
7/28/2020	Shore Capital	Reiterated Rating	Sell
7/27/2020	Peel Hunt	Reiterated Rating	Sell	GBX 1,500 ➝ GBX 1,200
7/21/2020	Peel Hunt	Reiterated Rating	Sell
6/23/2020	UBS Group	Lower Price Target	Buy	GBX 2,640 ➝ GBX 2,105
6/16/2020	Peel Hunt	Downgrade	Sell
6/16/2020	Shore Capital	Reiterated Rating	Sell
6/10/2020	HSBC	Upgrade	Hold
5/28/2020	Jefferies Financial Group	Initiated Coverage	Buy	GBX 2,375
5/28/2020	Peel Hunt	Downgrade	Sell
5/19/2020	Berenberg Bank	Upgrade	Buy	GBX 1,700 ➝ GBX 1,860
5/4/2020	Shore Capital	Downgrade	Sell
5/1/2020	Peel Hunt	Downgrade	Sell
4/27/2020	Peel Hunt	Lower Price Target	Reduce	GBX 2,000 ➝ GBX 1,500
3/27/2020	Berenberg Bank	Lower Price Target	Hold	GBX 1,780 ➝ GBX 1,700
3/25/2020	UBS Group	Reiterated Rating	Buy
3/24/2020	Shore Capital	Reiterated Rating	Under Review
3/4/2020	Canaccord Genuity	Reiterated Rating	Hold	GBX 2,400
3/3/2020	Shore Capital	Reiterated Rating	Hold
3/3/2020	Peel Hunt	Reiterated Rating	Reduce
3/2/2020	UBS Group	Reiterated Rating	Buy
2/14/2020	Shore Capital	Reiterated Rating	Hold
1/29/2020	HSBC	Downgrade	Reduce
1/17/2020	Berenberg Bank	Reiterated Rating	Hold
1/9/2020	UBS Group	Boost Price Target	Buy	GBX 2,300 ➝ GBX 2,640
1/8/2020	Shore Capital	Reiterated Rating	Hold
1/8/2020	Peel Hunt	Reiterated Rating	Reduce
12/18/2019	Peel Hunt	Reiterated Rating	Reduce
11/18/2019	Shore Capital	Reiterated Rating	Hold
11/18/2019	Peel Hunt	Reiterated Rating	Reduce
11/12/2019	UBS Group	Reiterated Rating	Buy	GBX 2,300
11/11/2019	Canaccord Genuity	Boost Price Target	Hold	GBX 2,050 ➝ GBX 2,100
11/11/2019	Peel Hunt	Reiterated Rating	Reduce
10/22/2019	Barclays	Boost Price Target	Equal weight	GBX 1,610 ➝ GBX 1,760
10/3/2019	Peel Hunt	Reiterated Rating	Reduce	GBX 2,000
10/3/2019	Peel Hunt	Reiterated Rating	Reduce	GBX 2,000
10/1/2019	UBS Group	Reiterated Rating	Buy	GBX 2,300
10/1/2019	Canaccord Genuity	Reiterated Rating	Hold	GBX 2,050
10/1/2019	Shore Capital	Reiterated Rating	Hold
9/27/2019	Peel Hunt	Reiterated Rating	Reduce
8/28/2019	UBS Group	Upgrade	Buy	GBX 1,880 ➝ GBX 2,300
8/23/2019	Canaccord Genuity	Reiterated Rating	Hold	GBX 2,050
7/31/2019	UBS Group	Reiterated Rating	Neutral
7/29/2019	Peel Hunt	Reiterated Rating	Reduce
7/18/2019	Peel Hunt	Downgrade	Reduce
5/21/2019	HSBC	Boost Price Target	Hold	GBX 1,600 ➝ GBX 2,000
5/17/2019	Berenberg Bank	Boost Price Target	Hold	GBX 1,600 ➝ GBX 1,780
5/15/2019	UBS Group	Boost Price Target	Neutral	GBX 1,725 ➝ GBX 1,880
5/14/2019	Shore Capital	Reiterated Rating	Hold
5/14/2019	Peel Hunt	Boost Price Target	Hold	GBX 1,500 ➝ GBX 1,800
3/14/2019	Berenberg Bank	Boost Price Target	Hold	GBX 1,400 ➝ GBX 1,600
3/11/2019	HSBC	Downgrade	Hold
3/7/2019	Canaccord Genuity	Reiterated Rating	Hold	GBX 1,730
3/7/2019	Shore Capital	Reiterated Rating	Hold
2/20/2019	UBS Group	Boost Price Target	Neutral	GBX 1,600 ➝ GBX 1,725
2/19/2019	Canaccord Genuity	Boost Price Target	Hold	GBX 1,470 ➝ GBX 1,730
2/19/2019	Shore Capital	Reiterated Rating	Hold
2/12/2019	UBS Group	Downgrade	Neutral	GBX 1,500 ➝ GBX 1,600
2/12/2019	HSBC	Reiterated Rating	Buy	GBX 1,600
1/9/2019	UBS Group	Boost Price Target	Buy	GBX 1,400 ➝ GBX 1,500
1/9/2019	Shore Capital	Reiterated Rating	Hold
1/9/2019	Peel Hunt	Boost Price Target	Hold	GBX 1,300 ➝ GBX 1,500
12/4/2018	Barclays	Lower Price Target	Equal weight	GBX 1,405 ➝ GBX 1,400
11/27/2018	Shore Capital	Reiterated Rating	Hold
11/27/2018	Peel Hunt	Upgrade	Hold	GBX 950 ➝ GBX 1,300
10/26/2018	UBS Group	Reiterated Rating	Buy
7/31/2018	Peel Hunt	Reiterated Rating	Reduce
7/31/2018	Shore Capital	Reiterated Rating	Hold
5/15/2018	Barclays	Reiterated Rating	Equal Weight	GBX 1,030
5/11/2018	Berenberg Bank	Downgrade	Hold
5/9/2018	Canaccord Genuity	Reiterated Rating	Hold	GBX 1,340
5/9/2018	Shore Capital	Reiterated Rating	Hold
5/9/2018	Peel Hunt	Reiterated Rating	Under Review	GBX 1,200 ➝ GBX 950
3/12/2018	Berenberg Bank	Reiterated Rating	Buy	GBX 1,425
3/1/2018	Berenberg Bank	Lower Price Target	Buy	GBX 1,450 ➝ GBX 1,425
2/28/2018	Barclays	Reiterated Rating	Equal weight	GBX 1,405
2/27/2018	Shore Capital	Reiterated Rating	Hold
2/15/2018	Berenberg Bank	Boost Price Target	Buy	GBX 1,350 ➝ GBX 1,450
1/17/2018	Canaccord Genuity	Boost Price Target	Hold	GBX 1,300 ➝ GBX 1,320
1/16/2018	Shore Capital	Reiterated Rating	Hold
12/5/2017	Peel Hunt	Reiterated Rating	Hold	GBX 1,200
11/20/2017	Barclays	Initiated Coverage	Equal Weight	GBX 1,405
10/12/2017	Canaccord Genuity	Boost Price Target	Hold	GBX 1,000 ➝ GBX 1,300
10/5/2017	Berenberg Bank	Boost Price Target	Buy	GBX 1,300 ➝ GBX 1,350
10/3/2017	Shore Capital	Reiterated Rating	Hold
8/10/2017	Berenberg Bank	Upgrade	Buy	GBX 1,020 ➝ GBX 1,300
8/9/2017	Shore Capital	Reiterated Rating	Hold
8/1/2017	Investec	Reiterated Rating	Buy	GBX 1,225
5/31/2017	Berenberg Bank	Reiterated Rating	Hold	GBX 1,020
5/18/2017	Investec	Reiterated Rating	Buy	GBX 1,225
5/18/2017	Shore Capital	Reiterated Rating	Hold
3/24/2017	Berenberg Bank	Reiterated Rating	Hold	GBX 1,020
3/1/2017	Canaccord Genuity	Lower Price Target	Hold	GBX 1,050 ➝ GBX 1,000
2/28/2017	Investec	Reiterated Rating	Buy	GBX 1,225
2/28/2017	Shore Capital	Reiterated Rating	Hold
2/28/2017	Peel Hunt	Downgrade	Hold	GBX 1,100 ➝ GBX 1,000
2/9/2017	Berenberg Bank	Reiterated Rating	Hold	GBX 1,020
1/17/2017	Peel Hunt	Boost Price Target	Buy	GBX 1,000 ➝ GBX 1,100
12/13/2016	Peel Hunt	Reiterated Rating	Buy	GBX 1,000
11/29/2016	UBS Group	Lower Price Target	Buy	GBX 1,310 ➝ GBX 1,200
10/4/2016	Investec	Lower Price Target	Buy	GBX 1,250 ➝ GBX 1,225
10/4/2016	Canaccord Genuity	Reiterated Rating	Buy	GBX 1,300
8/2/2016	Canaccord Genuity	Lower Price Target	Buy	GBX 1,325 ➝ GBX 1,300
8/2/2016	UBS Group	Reiterated Rating	Buy	GBX 1,310
8/2/2016	Investec	Reiterated Rating	Buy	GBX 1,250
8/2/2016	Peel Hunt	Reiterated Rating	Buy	GBX 1,320
7/19/2016	Investec	Reiterated Rating	Buy	GBX 1,250
7/13/2016	Peel Hunt	Reiterated Rating	Buy	GBX 1,320
6/30/2016	Canaccord Genuity	Reiterated Rating	Buy	GBX 1,325

(Data available from 6/22/2016 forward)

Greggs plc operates as a bakery food-on-the-go retailer in the United Kingdom. It offers a range of fresh and frozen bakery products, sandwiches, and drinks. The company sells its products through its shops in travel, leisure, and work-centered catchments; and franchised shops operated by partners in travel and other convenience locations. It is also involved in the property holding, non-trading, and trustee businesses. As of December 28, 2019, the company operated 2,050 shops, which included 302 franchised shops. Greggs plc was founded in 1939 and is based in Newcastle upon Tyne, the United Kingdom.

Today's Range

Now: GBX 2,534

2,517

2,586

50 Day Range

MA: GBX 2,447.98

2,250

2,618

52 Week Range

Now: GBX 2,534

1,113

2,731

Volume

6,620 shs

Average Volume

304,006 shs

Market Capitalization

£2.57 billion

P/E Ratio

N/A

Dividend Yield

3.09%

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Greggs?

The following Wall Street research analysts have issued research reports on Greggs in the last year: Peel Hunt, Peel Hunt LLP, Shore Capital, and UBS Group AG.
View the latest analyst ratings for GRG.

What is the current price target for Greggs?

3 Wall Street analysts have set twelve-month price targets for Greggs in the last year. Their average twelve-month price target is GBX 1,501.67, suggesting a possible downside of 40.6%. UBS Group AG has the highest price target set, predicting GRG will reach GBX 2,105 in the next twelve months. Peel Hunt has the lowest price target set, forecasting a price of GBX 1,200 for Greggs in the next year.
View the latest price targets for GRG.

What is the current consensus analyst rating for Greggs?

Greggs currently has 3 sell ratings and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in GRG, but not buy more shares or sell existing shares.
View the latest ratings for GRG.

What other companies compete with Greggs?

Other companies that are similar to Greggs include Albertsons Companies, J Sainsbury, Wm Morrison Supermarkets, Dairy Farm International, Grocery Outlet, Sprouts Farmers Market, Companhia Brasileira de Distribuição, The North West, Weis Markets, Arko, Ingles Markets, Village Super Market, Natural Grocers by Vitamin Cottage, Dairy Farm International and iFresh.

How do I contact Greggs' investor relations team?

Greggs' physical mailing address is Greggs House, Quorum Business Park, NEWCASTLE UPON TYNE, NE12 8BU, United Kingdom. The company's listed phone number is +44-191-2817721. The official website for Greggs is www.greggs.co.uk.