Company Analysis

ShoreCap rates Greggs a 'sell' as working from home hits business model

By Frank Prenesti

Date: Wednesday 06 Jan 2021

(Sharecast News) - Analysts at Shore Capital have issued a 'sell' recommendation on Greggs shares, arguing that more people working from home during the Covid pandemic was a "game changer" for the High Street baker.
Greggs on Wednesday said it expected to post a full-year pre-tax loss of £15m, reflecting the...

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