Hospitality Services

Greggs plc

Berenberg Bank analyst Matthew Abraham has reiterated a Buy rating on Greggs plc (GRG) with a price target of £2,090.00. Abraham, a 3-star analyst, has an average return of 2.0% and a 50.67% success rate. Previously, UBS's Sreedhar Mahamkali also issued a Buy rating for Greggs on May 11, while Jefferies maintained a Hold rating on May 12.

Tip Ranks

UBS Group AG

Jefferies Financial

Greggs plc (GRG) Gets a Buy from Berenberg Bank

Deutsche Bank analyst reiterated a Sell rating on Greggs plc today and set a price target of p1,330.00.Claim 55% Off TipRanksUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks Currently, the analyst consensus on Greggs plc is a Moderate Buy with an average price target of p1,786.25.

Deutsche Bank AG

Deutsche Bank AG Subscription Rights

Deutsche Postbank AG

Deutsche Bank  Reaffirms Their Sell Rating on Greggs plc (GRG)

Greggs plans to sell sausage rolls in Spain, marking its first bakery outside the UK in nearly 20 years. The store at Tenerife South Airport will serve as a test for travel hubs, offering a standard menu and new items. Following stronger-than-expected sales, shares rose 4%. Despite rising costs and previous price increases, CEO Róisín Currie ruled out further price hikes in 2026, citing hedging on commodities. The company is also revamping its menu to cater to health-conscious consumers.

The telegraph

J D Wetherspoon plc

Greggs to sell sausage rolls in Spain

.DJI

.SPX

PROSF

U.S. futures for the S&P 500 and Dow Jones fell by 0.3% and 0.1%, respectively, while European stocks, including the Stoxx Europe 600, dropped 1.1%. Notable movements included Greggs rising 5.9% and Prosus declining 7%. In commodities, Brent crude and WTI crude increased by 2% and 2.4%, respectively. The German 10-year Bund yield rose to 3.087%, and the U.S. Treasury yield increased to 4.435%. Asian markets showed mixed results, with Japan's Nikkei up 0.5% and Hong Kong's Hang Seng down 0.3%.

MorningStar

Dow Jones Industrial Average

S&P 500

Prosus N.V.

Intertek Group plc

WPP Plc

Hang Seng Index

U.S. Futures, European Stocks Decline as U.S.-Iran Stalemate Weighs on Mood

Greggs has reported a 3.3% year-on-year sales growth, driven by the popularity of its new chicken sausage roll, despite warnings of potential food inflation due to the ongoing Iran war. The bakery chain plans to open 120 new stores this year but faces investor concerns about market saturation. While it has secured fixed energy costs for most of the year, rising costs and economic pressures could impact profits. Analysts suggest that while challenges remain, Greggs may not have reached its peak yet.

cityam

J Sainsbury plc

Tesco PLC

Chicken roll boost sales but Greggs warns of food inflation

UBS analyst Sreedhar Mahamkali has reiterated a Buy rating on Greggs plc (GRG) with a price target of £2,200. This follows a similar Buy rating from Barclays analyst Richard Taylor. However, Jefferies maintained a Hold rating on the stock in April. Mahamkali is ranked #9303 out of 12186 analysts according to TipRanks.

Greggs plc (GRG) Gets a Buy from UBS

Andrew Wade from Jefferies has maintained a Hold rating on Greggs plc with a price target of £1,610.00. This decision is influenced by Greggs' pricing strategy, which aligns with market trends, but faces pressure from competitors like Tesco and M&S, who have kept prices stable. This competitive landscape limits Greggs' potential for outperformance, leading to a balanced recommendation. Wade specializes in the Consumer Cyclical sector and has a 3.2% average return with a 51.50% success rate on his stock recommendations.

Marks and Spencer Group plc

THG PLC

Greggs: Competitive Price Pressure Justifies Balanced Hold Recommendation

Jefferies analyst Andrew Wade has maintained a Hold rating on Greggs plc (GRG) with a price target of £1,610.00. Wade, a 3-star analyst with a 49.78% success rate, focuses on the Consumer Cyclical sector. The consensus for Greggs plc is a Strong Buy, with a higher price target consensus of £1,948.33.

Games Workshop Group PLC

Jefferies Sticks to Its Hold Rating for Greggs plc (GRG)

SBRY

TSCO

TSCDY

Tesco's Clubcard has been named the UK's most valued loyalty scheme, outperforming competitors like Sainsbury's and Greggs, according to a HyperFinity index. The survey highlighted the importance of value, with 76% of Brits being members of at least one loyalty scheme. Tesco's Clubcard scored 8.38 out of 10, praised for its emotional connection and frequent use. Analysts noted that retailers using data effectively build genuine customer relationships. Other top loyalty programs included Leon and Pret a Manger, emphasizing simplicity and trust in their offerings.

Tesco

Tesco beats clubcard copycats to claim loyalty scheme crown

Greggs plc(GRG.UK)