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Greggs PLC (LON:GRG) stock price target held steady at 1,300.00GBX, issued a research note today by Canaccord Genuity

In a report released on 10/4/2016 Canaccord Genuity hold steady the stock price target of Greggs PLC (LON:GRG) from 1,300.00GBX to 1,300.00GBX indicating a possible upside of 0.22%.

Previously on 08/02/2016, Peel Hunt Limited reported on Greggs PLC (LON:GRG) increased the target price from 0.00GBX to 1,320.00GBX. At the time, this indicated a possible upside of 0.26%.

Yesterday Greggs PLC (LON:GRG) traded 2.01% higher at 1,067.50GBX. The company’s 50-day moving average is 1,040.25GBX and its 200-day moving average is 1,051.51GBX. The last closing price is up 1.47% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 472,322 shares of the stock traded hands, up from an average trading volume of 248,343

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Greggs PLC (LON:GRG)

Greggs PLC has a 52 week low of 869.00GBX and a 52 week high of 1,335.00GBX with a P/E ratio of 19.19 The company’s market cap is currently 0 GBX.

In addition to Canaccord Genuity reporting its stock price target, a total of 6 brokers have issued a research note on the company. The average stock price target is 1,229.17GBX with 3 brokers rating the stock a strong buy, 1 broker rating the stock a buy, 3 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Greggs PLC (LON:GRG)

Greggs plc is a United Kingdom-based bakery food on-the-go retailer. The Company's products and services consist of a range of fresh bakery goods, sandwiches and drinks in its shop. The Company also provides frozen bakery products to its wholesale customers. The Company owns approximately 1,698 shops, 12 regional bakeries, one distribution center and one manufacturing center. The Company has approximately 105 franchised shops operating in travel and other convenience locations. The Company offers pastries and bakes, sandwiches, breakfast, sweets, pastas, salads and soups, bread, platters, drinks and snacks. The Company's Balanced Choice products offer choices, which have approximately 400 calories. The Company's sales are made to the general public, as well as to certain organizations.

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