Jefferies hikes target price on Greggs following recent rally
28th Aug 2026 14:01
(Sharecast News) - Analysts at Jefferies hiked their target price on bakery chain Greggs from 1,610p to 1,740p on Friday, stating they had been "surprised by the extent of the rally" in its share price since its, "admittedly very robust", interim results.
Read moreRBC Capital downgrades Greggs to 'sector perform' after results
31st Jul 2026 12:28
(Sharecast News) - Greggs tumbled on Friday as RBC Capital Markets downgraded the shares to 'sector perform' from 'outperform' following the bakery chain's first-half results.
Read moreGreggs H1 profits rise despite subdued consumer confidence
29th Jul 2026 07:49
(Sharecast News) - Bakery chain Greggs reported a rise in first-half profit and sales on Wednesday despite "subdued consumer confidence and increased uncertainty", as it pointed to growth in the grocery business and strong cost control.
Read moreGreggs CFO Richard Hutton to retire
1st Jul 2026 08:17
(Sharecast News) - Greggs said on Wednesday that chief financial officer Richard Hutton plans to retire and step down from the board at the end of the year after 28 years with the company.
Read moreGreggs sales up on new products, but warns Iran war could hit costs
12th May 2026 07:02
(Sharecast News) - Shares in Greggs jumped on Tuesday as the bakery chain held annual guidance and said like-for-like sales at the start of the year had improved but also warned that Iran war could push costs higher by the end of this year.
Read moreGreggs cautious on outlook as FY profits drop
3rd Mar 2026 08:00
(Sharecast News) - Greggs reported a drop in full-year profit on Tuesday as it struck a cautious note on the outlook.
Read moreJefferies cites weight-loss drugs as it downgrades Greggs, shares slide
9th Feb 2026 07:13
(Sharecast News) - Greggs shares slid on Monday after Jefferies downgraded the stock to 'hold' from 'buy' and slashed the price target to 1,610p from 2,500p as it said weight-loss jabs could dent demand for the bakery chain's products.
Read moreGreggs posts rise in Q4 sales, expects flat profits this year
8th Jan 2026 07:56
(Sharecast News) - Greggs posted a rise in fourth-quarter sales on Thursday but said it expects flat profits this year amid subdued consumer confidence.
Read moreJPMorgan starts Greggs at 'overweight'
5th Dec 2025 07:43
(Sharecast News) - JPMorgan initiated coverage on bakery chain Greggs with a 2,110p target price and an 'overweight' rating on Friday, as it said a re-rating appeared to be "on the menu".
Read moreGreggs shares spark as activist investor urges cost cuts
1st Dec 2025 15:19
(Sharecast News) - Greggs shares shot higher on Monday following a report the bakery chain is being urged by activist investor Lauro Asset Management to cut tens of millions of pounds of annual costs over fears it will otherwise fall prey to a cut-price takeover bid.
Read moreGreggs reports slowdown in sales but backs FY expectations
1st Oct 2025 07:17
(Sharecast News) - Bakery chain Greggs reported a slowdown in sales on Wednesday, pinning the blame partly on a "heat-affected" July, but reiterating its outlook for the full year.
Read moreSunday newspaper round-up: 30-year bond yields, France, BAE Systems
31st Aug 2025 20:03
(Sharecast News) - Thirty-year bond yields have notched multiple new record highs thus far in 2025 - for all the wrong reasons. That on the 30-year bond had stayed at around 5.6%, near a three-decade high. That is also the highest yield among G7 countries. Should a country's rate of economic growth not be set to exceed the average rate on its debt, then it is in trouble, as that is taken as a sign of future default. France's prime minister seems to be facing the impossible task of cutting spending and raising taxes to lower its deficit. In Britain, there is talk of a fiscal hole of as much as £40bn. The US deficit meanwhile could jump by over $2trn over the next 10 years as a result of President Trump's tax cuts. - The Sunday Times
Read moreGreggs delays Moorhead appointment until WH Smith review completed
28th Aug 2025 09:14
(Sharecast News) - Greggs said on Thursday that Robert Moorhead has asked to defer his appointment to the board after a review into WH Smith has been completed.
Read moreDirector dealings: Greggs chairman raises stake
20th Aug 2025 14:55
(Sharecast News) - Greggs revealed on Wednesday that chairman Matthew Davies had acquired 1,249 ordinary shares in the FTSE 250-listed bakery chain.
Read moreBerenberg nudges up target price on Greggs
30th Jul 2025 09:44
(Sharecast News) - Analysts at Berenberg slightly raised their target price on bakery chain Greggs from 3,040.00p to 3,060.00p on Wednesday, noting that the group's "fresh strategy announcements add flavour".
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