Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
An announcement from Greggs plc ( (GB:GRG) ) is now available.
Greggs plc announced a delay in the appointment of Robert Moorhead to its Board, following a review by Deloitte concerning WHSmith plc. In the meantime, Kate Ferry will continue her role as a Non-Executive Director and chair the Audit Committee, ensuring stability in the company’s governance structure.
The most recent analyst rating on (GB:GRG) stock is a Buy with a £21.45 price target. To see the full list of analyst forecasts on Greggs plc stock, see the GB:GRG Stock Forecast page.
Spark’s Take on GB:GRG Stock
According to Spark, TipRanks’ AI Analyst, GB:GRG is a Neutral.
Greggs plc has a solid financial performance and strong corporate events indicating strategic confidence and expansion. However, technical analysis shows bearish signals, and valuation suggests moderate attractiveness. The high dividend yield provides a favorable return, supporting a balanced investment outlook.
To see Spark’s full report on GB:GRG stock, click here.
More about Greggs plc
Greggs plc operates in the food retail industry, primarily known for its bakery products and quick-service food offerings. The company focuses on providing affordable and convenient food options to customers across the UK.
Average Trading Volume: 575,434
Technical Sentiment Signal: Sell
Current Market Cap: £1.62B
For an in-depth examination of GRG stock, go to TipRanks’ Overview page.