Greggs plc ( (GB:GRG) ) has shared an update.
Greggs plc has released its Annual Financial Report for 2024 and announced the date for its upcoming Annual General Meeting (AGM). The AGM is scheduled for 21 May 2025 at The Grand Hotel High Gosforth Park, Newcastle upon Tyne. Shareholders who requested hard copies have been provided with the documents, which are also accessible via the National Storage Mechanism and the company’s website. This announcement is part of Greggs’ ongoing commitment to transparency and shareholder engagement, ensuring stakeholders are informed of the company’s financial performance and strategic decisions.
Spark’s Take on GB:GRG Stock
According to Spark, TipRanks’ AI Analyst, GB:GRG is a Outperform.
Greggs plc presents a strong financial performance with consistent revenue growth and profitability. The stock appears undervalued with a reasonable P/E ratio and a solid dividend yield. However, technical analysis indicates a bearish trend, as the stock price is below key moving averages. Positive corporate events, including management share purchases and record sales achievements, enhance the outlook, reflecting confidence in future growth. Despite this, technical indicators warrant a cautious approach.
To see Spark’s full report on GB:GRG stock, click here.
More about Greggs plc
Greggs plc operates in the food industry, primarily focusing on bakery products. It is known for its range of baked goods, sandwiches, and beverages, catering to a broad market with a focus on convenience and quality.
YTD Price Performance: -33.99%
Average Trading Volume: 481,774
Technical Sentiment Signal: Buy
Current Market Cap: £1.83B
For a thorough assessment of GRG stock, go to TipRanks’ Stock Analysis page.