Greggs (GRG) Share Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Greggs in the last twelve months. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" GRG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GRG, but not buy additional shares or sell existing shares.
View GRG analyst ratings or view top-rated stocks.

5 brokerages have issued 12-month price targets for Greggs' shares. Their GRG share price forecasts range from GBX 2,500 to GBX 3,200. On average, they predict the company's stock price to reach GBX 2,862.50 in the next twelve months. This suggests a possible upside of 6.3% from the stock's current price.
View analysts price targets for GRG or view top-rated stocks among Wall Street analysts.

Greggs' stock was trading at GBX 2,346 at the start of the year. Since then, GRG shares have increased by 14.8% and is now trading at GBX 2,694.
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Greggs plc (LON:GRG) announced its earnings results on Tuesday, July, 28th. The company reported ($53.40) earnings per share for the quarter. Greggs had a trailing twelve-month return on equity of 27.49% and a net margin of 7.95%.

Greggs declared a dividend on Tuesday, March 7th. Investors of record on Thursday, April 27th will be given a dividend of GBX 44 per share on Friday, May 26th. This represents a yield of 1.6%. The ex-dividend date is Thursday, April 27th. This is a boost from the stock's previous dividend of GBX 15. The official announcement can be seen at this link.
Read our dividend analysis for GRG.

Greggs (LON:GRG) pays an annual dividend of GBX 59 per share and currently has a dividend yield of 2.16%. The dividend payout ratio is 5,000.00%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for GRG.

Based on aggregate information from My MarketBeat watchlists, some companies that other Greggs investors own include Intelsat (I), Associated British Foods (ABF), Chaarat Gold (CGH), Fossil Group (FOSL), Bank of America (BAC), AMC Entertainment (AMC), China Unicom (Hong Kong) (CHU), easyJet (EZJ), First Data (FDC) and Air Canada (AC).

Greggs trades on the London Stock Exchange (LON) under the ticker symbol "GRG."

Shares of GRG stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
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One share of GRG stock can currently be purchased for approximately GBX 2,694.

Greggs (LON:GRG) has a market capitalization of £2.75 billion and generates £1.51 billion in revenue each year. The company earns £120.30 million in net income (profit) each year or GBX 1.18 on an earnings per share basis.

The company employs 25,174 workers across the globe.

Greggs' mailing address is Greggs House, Quorum Business Park, NEWCASTLE UPON TYNE, NE12 8BU, United Kingdom. The official website for the company is www.greggs.co.uk. The company can be reached via phone at +44-191-2817721.