Risk factor
Low price volatility
Profitability factor
Strong margins and returns
About
Greggs plc operates as a leading United Kingdom-based retailer of on-the-go bakery and food products. The company provides a diverse array of items, including freshly baked goods, frozen bakery products, sandwiches, and various drinks. In addition to direct retail, Greggs supplies its products to franchise partners and wholesale distributors for resale in their own outlets. Its operations also encompass property management, non-trading activities, and trustee services. With a substantial presence across the UK, Greggs plc manages approximately 2,200 retail shops and oversees an additional 375 franchised locations. The company was founded in 1939 and its main office is located in Newcastle upon Tyne.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. Specifically, the stock is fairly valued on P/E, undervalued on E
Target Price
The average target price of GRG.L is 1797 and suggests 5% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendation