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Greggs plc ( (GB:GRG) ) has provided an announcement.
Greggs plc announced a transaction involving its Finance Director, Richard Hutton, who sold 7,438 ordinary shares at £15.71 each on the London Stock Exchange. This sale was conducted to fund an income tax liability following the exercise of Performance Share Plan options, while the remaining shares from the options were retained.
The most recent analyst rating on (GB:GRG) stock is a Buy with a £1861.00 price target. To see the full list of analyst forecasts on Greggs plc stock, see the GB:GRG Stock Forecast page.
Spark’s Take on GB:GRG Stock
According to Spark, TipRanks’ AI Analyst, GB:GRG is a Outperform.
Greggs plc demonstrates strong financial performance with consistent revenue growth and solid profitability, which is the most significant factor in its score. The valuation is attractive with a low P/E ratio and a healthy dividend yield, appealing to value and income investors. Technical analysis indicates a neutral trend, contributing moderately to the overall score.
To see Spark’s full report on GB:GRG stock, click here.
More about Greggs plc
Greggs plc operates in the food retail industry, primarily known for its bakery products and quick-service food offerings. The company focuses on providing affordable and convenient food options to a broad market, with a strong presence in the UK.
Average Trading Volume: 577,678
Technical Sentiment Signal: Sell
Current Market Cap: £1.6B
For a thorough assessment of GRG stock, go to TipRanks’ Stock Analysis page.