Analyst Price Target is GBX 3,250
▲ +50.18% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Greggs in the last 3 months. The average price target is GBX 3,250, with a high forecast of GBX 3,250 and a low forecast of GBX 3,250. The average price target represents a 50.18% upside from the last price of GBX 2,164.
Current Consensus is
Buy
The current consensus among 2 polled investment analysts is to buy stock in Greggs. This rating changed within the last month from a Moderate Buy consensus rating.
Greggs is a leading UK food-on-the-go retailer with more than 2,600 shops nationwide and approximately 33,000 employees across the business.
As a food-on-the-go retailer, Greggs specialises in daily fresh shop-made sandwiches, and savouries baked fresh in the shop ovens throughout the day. These are further complemented by popular products and ranges including freshly ground coffee, breakfast, confectionery and evening menu items. Greggs also offers a healthier options range which includes a selection of gluten-free, vegan-friendly and lower calorie products.
Greggs has delivery partnerships with Just Eat and Uber Eats enabling customers to enjoy their Greggs favourites via order and delivery. Greggs’ Click + Collect offering provides customers with the ability to select their shop and collection time slot of choice and allows them to order a range of Greggs products in advance, ready for collection when they arrive our shops.
Greggs’ loyalty scheme ‘Greggs Rewards’ is a mobile payment app designed to reward customers for their loyalty, and now allows customers to earn rewards right across the range, not just coffee, whilst making shopping across its shops more convenient, quicker and easier.
In April 2024, Greggs launched its latest sustainability report 'The Greggs Pledge' which set out progress made against its ten commitments to help make the world a better place.
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