Greggs (GRG) Stock Forecast & Price Target

GBX 2,700
+12.00 (+0.45%)
(As of 04/26/2024 ET)

Greggs Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Hold
Based on 5 Analyst Ratings

Analysts' Consensus Price Target

GBX 3,035
High ForecastGBX 3,450
Average ForecastGBX 3,035
Low ForecastGBX 2,500
TypeCurrent Forecast
4/28/23 to 4/27/24
1 Month Ago
3/29/23 to 3/28/24
3 Months Ago
1/28/23 to 1/28/24
1 Year Ago
4/28/22 to 4/28/23
Consensus Rating
Hold
Hold
Hold
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
2 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
Hold
3 Hold rating(s)
3 Hold rating(s)
3 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetGBX 3,035GBX 3,075GBX 2,950GBX 2,650
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GRG Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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GRG Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Greggs Stock vs. The Competition

TypeGreggsConsumer Defensive Companies
Consensus Rating Score
2.40
2.40
Consensus RatingHoldHold
News Sentiment RatingNeutral News
Neutral News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/25/2024Berenberg Bank
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 Lower TargetBuyGBX 3,550 ➝ GBX 3,390+25.28%
3/20/2024Jefferies Financial Group
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 Reiterated RatingBuyGBX 3,450+22.34%
10/3/2023Shore Capital
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 Reiterated RatingHold
5/16/2023Peel Hunt
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 Reiterated RatingHoldGBX 2,500-9.30%
5/16/2023Liberum Capital
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 DowngradeHoldGBX 2,800+1.16%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 09:04 AM ET.

GRG Price Target - Frequently Asked Questions

What is Greggs's consensus rating and price target?

According to the issued ratings of 5 analysts in the last year, the consensus rating for Greggs stock is Hold based on the current 3 hold ratings and 2 buy ratings for GRG. The average twelve-month price prediction for Greggs is GBX 3,035 with a high price target of GBX 3,450 and a low price target of GBX 2,500. Learn more on GRG's analyst rating history.

Do Wall Street analysts like Greggs more than its competitors?

Analysts like Greggs more than other Consumer Defensive companies. The consensus rating score for Greggs is 2.40 while the average consensus rating score for consumer defensive companies is 2.39. Learn more on how GRG compares to other companies.

Does Greggs's stock price have much upside?

According to analysts, Greggs's stock has a predicted upside of 9.86% based on their 12-month stock forecasts.

What analysts cover Greggs?

Greggs has been rated by Berenberg Bank, and Jefferies Financial Group in the past 90 days.


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This page (LON:GRG) was last updated on 4/27/2024 by MarketBeat.com Staff

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