Berenberg hikes target price on Greggs

26th Apr 2024 11:44

(Sharecast News) - Analysts at Berenberg raised their target price on bakery chain Greggs from 3,550.0p to 3,990.0p on Friday as it noted that customer appeal had broadened as its market share was expanding.

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London close: Stocks finish mixed as US GDP growth slows

25th Apr 2024 15:14

(Sharecast News) - London's stock markets finished with a mixed performance on Thursday, as investors digested a slower-than-expected GDP growth reading from the United States, while a slew of well-received earnings underpinned the top-flight index.

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Greggs hit by card payment outage

20th Mar 2024 09:15

(Sharecast News) - Bakery chain Greggs was facing disruptions in its operations on Wednesday morning, due to an IT issue impacting card payments.

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Greggs makes strong start after delivering tasty 2023 profits

5th Mar 2024 07:08

(Sharecast News) - High Street bakery chain Greggs maintained guidance and said it had made a strong start to the current year after delivering a jump in 2023 profits as customers sought out its sausage rolls and doughnuts amid the cost-of-living crisis.

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London close: Stocks rise on positive news from China

24th Jan 2024 16:31

(Sharecast News) - London markets finished with a positive performance on Wednesday, driven by gains in the mining sector following China's announcement of an upcoming reduction in the reserve requirement ratio for banks.

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Broker tips: Greggs, Haleon

24th Jan 2024 15:58

(Sharecast News) - Numis initiated coverage of Greggs on Wednesday with a 'hold' rating and 2,560p price target as it said growth was "baked in".

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Numis starts Greggs at 'hold', says growth is 'baked in'

24th Jan 2024 09:57

(Sharecast News) - Numis initiated coverage of Greggs on Wednesday with a 'hold' rating and 2,560p price target as it said growth was "baked in".

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London close: Stocks slip as investors brace for US inflation

10th Jan 2024 15:23

(Sharecast News) - London stocks closed with losses on Wednesday, influenced by a pessimistic growth outlook from the World Bank and investors' attention to upcoming US inflation data.

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Seasonal lines boost Greggs Q4 sales

10th Jan 2024 07:49

(Sharecast News) - Greggs backed its full-year guidance on Wednesday as it posted a jump in fourth-quarter sales, with seasonal lines in high demand.

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Evening and app sales drive solid third quarter for Greggs

3rd Oct 2023 07:18

(Sharecast News) - High street bakery chain Greggs said it expects to hit targets this year after a solid third quarter, with inflation beginning to ease.

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Greggs posts posts jump in interim profit, sales

1st Aug 2023 08:00

(Sharecast News) - Bakery chain Greggs backed its full-year guidance on Tuesday as it posted a jump in first-half profit and sales.

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Greggs sees rise in sales despite pressure on customers

16th May 2023 07:25

(Sharecast News) - UK high street food chain Greggs has forecast a strong growth in demand this year, driven by new products such as chicken goujons and potato wedges despite cost inflation and pressure on customers.

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Director dealings: Greggs finance director lowers stake

3rd Apr 2023 15:33

(Sharecast News) - Greggs revealed on Monday that finance director Richard Hutton had disposed of 6,080 ordinary shares in the FTSE 250-listed bakery chain.

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Greggs annual profits rise 2%

7th Mar 2023 07:03

(Sharecast News) - UK high street baker Greggs reported a 2% rise in annual profits, as inflation and higher costs hit the bottom line and said it planned a large expansion of its store estate.

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Greggs upbeat after year of sales growth

5th Jan 2023 07:28

(Sharecast News) - Greggs reported total 2022 sales rising 23% in a trading update on Thursday, to £1.51bn, as fourth quarter like-for-like sales grew 18.2%.

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