Berenberg Bank Increases Greggs (OTCMKTS:GGGSF) Price Target to GBX 3,440

Greggs (OTCMKTS:GGGSF) had its target price hoisted by equities researchers at Berenberg Bank from GBX 3,200 ($40.05) to GBX 3,440 ($43.05) in a research report issued on Thursday, FlyOnTheWall reports.

Greggs Stock Performance

OTCMKTS:GGGSF opened at $31.20 on Thursday. Greggs has a one year low of $31.20 and a one year high of $31.20. The business’s 50-day simple moving average is $32.67 and its 200 day simple moving average is $32.30.

Greggs Company Profile

Greggs plc operates as a food-on-the-go retailer in the United Kingdom. It offers a range of fresh and frozen bakery products, sandwiches, and drinks. The company sells products to franchise and wholesale partners for sale in their own outlets. It is also involved in the property holding, non-trading, and trustee businesses.