Greggs Stock Rating Upgraded by Canaccord Genuity (GRG) - InvestingChannel

Greggs Stock Rating Upgraded by Canaccord Genuity (GRG)

Greggs (LON: GRG) traded down 0.21% on Tuesday, hitting GBX 480.00. Greggs has a 52-week low of GBX 441.804 and a 52-week high of GBX 548.50. The stock’s 50-day moving average is currently GBX 503.. The company’s market cap is 477.0 million. A number of other firms have also recently commented on GRG. Analysts at Oriel Securities Ltd reiterated a “sell” rating on shares of Greggs in a research note to investors on Thursday, March 14th. They now have a $5.97 price target on the stock.

Three research analysts have rated the stock with a sell rating and three have issued a hold rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $6.72 (445 GBX).

Greggs plc is a bakery retailer in the United Kingdom. The Company has over 1,480 shops, supplied by 10 regional bakeries and 90 in-store bakers.