An update from Greggs plc ( (GB:GRG) ) is now available.
Greggs plc has released its Annual Financial Report for 2024 and announced the date for its upcoming Annual General Meeting (AGM). The AGM is scheduled for 21 May 2025 at The Grand Hotel High Gosforth Park, Newcastle upon Tyne. This announcement ensures transparency and keeps shareholders informed about the company’s financial performance and upcoming corporate events, reinforcing Greggs’ commitment to stakeholder engagement.
Spark’s Take on GB:GRG Stock
According to Spark, TipRanks’ AI Analyst, GB:GRG is a Outperform.
Greggs plc presents a strong financial performance with consistent revenue growth and profitability. The stock appears undervalued with a reasonable P/E ratio and a solid dividend yield. However, technical analysis indicates a bearish trend, as the stock price is below key moving averages. Positive corporate events, including management share purchases and record sales achievements, enhance the outlook, reflecting confidence in future growth. Despite this, technical indicators warrant a cautious approach.
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 offering bakery products and convenience food items. The company is known for its focus on providing affordable and accessible food options across the UK market.
YTD Price Performance: -33.99%
Average Trading Volume: 481,774
Technical Sentiment Signal: Buy
Current Market Cap: £1.83B
Find detailed analytics on GRG stock on TipRanks’ Stock Analysis page.