Greggs (GRG)

Sector:

Food Pharmacy Retail

Index:

FTSE 250

2,742.00p
   
  • Change Today:
    -62.00p
  • 52 Week High: 3,190.00
  • 52 Week Low: 2,394.00
  • Currency: UK Pounds
  • Shares Issued: 102.26m
  • Volume: 354,824
  • Market Cap: £2,803.85m
  • RiskGrade: 191

Deutsche Bank starts coverage of Domino's, Greggs, Restaurant Group

By Michele Maatouk

Date: Monday 11 Jul 2022

LONDON (ShareCast) - (Sharecast News) - Deutsche Bank initiated coverage of Domino's, Greggs and the Restaurant Group on Monday, with a 'buy' and two 'holds', respectively.
The bank said the UK restaurant sector seemed poised for a recovery post Covid, and the bigger players should benefit from capacity taken out during the pandemic.

"Most operators are looking to grow their store network; however, the outlook remains clouded near term with UK consumer spend set to come under pressure," it said. "We expect the impact to be unequal among sub-sectors, with casual dining more impacted than affordable treats.

"We remain selective, preferring defensive business models," DB said, adding that valuations should also gain focus in determining trough levels.

The bank set a price target of 355p for Domino's, 1,950p for Greggs and 47p for Restaurant Group.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Greggs Market Data

Currency UK Pounds
Share Price 2,742.00p
Change Today -62.00p
% Change -2.21 %
52 Week High 3,190.00
52 Week Low 2,394.00
Volume 354,824
Shares Issued 102.26m
Market Cap £2,803.85m
RiskGrade 191

Greggs Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
96.98% below the market average96.98% below the market average96.98% below the market average96.98% below the market average96.98% below the market average
81.82% below the sector average81.82% below the sector average81.82% below the sector average81.82% below the sector average81.82% below the sector average
Price Trend
51.59% above the market average51.59% above the market average51.59% above the market average51.59% above the market average51.59% above the market average
45.45% above the sector average45.45% above the sector average45.45% above the sector average45.45% above the sector average45.45% above the sector average
Income
63.59% below the market average63.59% below the market average63.59% below the market average63.59% below the market average63.59% below the market average
77.78% below the sector average77.78% below the sector average77.78% below the sector average77.78% below the sector average77.78% below the sector average
Growth
23.30% above the market average23.30% above the market average23.30% above the market average23.30% above the market average23.30% above the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average

What The Brokers Say

Strong Buy 5
Buy 4
Neutral 3
Sell 0
Strong Sell 0
Total 12
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Greggs Dividends

  Latest Previous
  Interim Final
Ex-Div 05-Sep-24 25-Apr-24
Paid 04-Oct-24 24-May-24
Amount 19.00p 46.00p

Trades for 31-Oct-2024

Time Volume / Share Price
17:33 6,417 @ 2,799.53p
17:33 5,567 @ 2,799.53p
17:33 24,702 @ 2,764.37p
17:33 776 @ 2,799.53p
16:35 759 @ 2,742.00p

Greggs Key Personnel

CFO Richard Hutton
CEO Roisin Currie
Chair Matthew Davies

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