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An announcement from Greggs plc ( (GB:GRG) ) is now available.
Greggs plc reported a 7% increase in total sales for the first half of 2025, despite facing challenges such as reduced market footfall and weather disruptions. The company is focusing on strategic expansion and innovation, including new shop openings and menu developments, to enhance convenience and meet changing customer preferences. Greggs is also investing in supply chain infrastructure to support future growth, with plans to open more shops and expand its frozen ‘Bake at Home’ range through a partnership with Tesco.
The most recent analyst rating on (GB:GRG) stock is a Buy with a £3600.00 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 Outperform.
Greggs plc shows strong financial health and a reasonable valuation, which are key strengths. However, the technical analysis reveals bearish trends, presenting possible risks. The stock is supported by a confident management team, as seen in corporate actions.
To see Spark’s full report on GB:GRG stock, click here.
More about Greggs plc
Greggs plc is a leading UK food-to-go brand, known for its value-led offerings. The company has evolved from a traditional bakery retailer to a modern convenience-focused brand, offering a range of food and drink options, including breakfast and coffee, with a strong presence in both retail and franchise locations.
Average Trading Volume: 484,126
Technical Sentiment Signal: Sell
Current Market Cap: £1.73B
For detailed information about GRG stock, go to TipRanks’ Stock Analysis page.