Greggs stock holds near 1,855 pence as analysts stay cautious

Published on 09/22/2026 at 15:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Greggs stock traded at 1,855.42 pence on September 22, 2026, up 2.06 percent. Jefferies raised its target to 1,740 pence after interim results.

Fotorealistische Bäckerei-Filiale mit frischen Backwaren im Schaufenster einer Einzelhandelskette — Greggs plc mit ISIN GB00B0H2K534 betreibt Filialen, ein realistisches Foto zeigt frische Backwaren im Schaufenster, Illustration mit AI erstellt.

Greggs stock traded at 1,855.42 pence on the London Stock Exchange on September 22, 2026, up 2.06 percent from the prior close. The move leaves the shares below the 52-week high of 2,046 pence while the market capitalization stands at GBP 1.89 billion.

Analyst target remains below price

According to Sharecast on September 22, 2026, Jefferies raised its Greggs price target from 1,610 pence to 1,740 pence after the company published its interim results. The new target remained 115.42 pence below the September 22, 2026 market price, a gap of 6.2 percent.

The broader analyst picture is restrained. MarketBeat listed an average target of 1,900 pence and a Hold consensus on September 22, 2026, based on 3 buy ratings, 4 hold ratings and 1 sell rating.

Interim results support the case

Greggs opened 34 new shops in the first half of 2026, according to The Sun on September 21, 2026. That expansion keeps store growth at the center of the investment case, while the share price still sits 190.58 pence below the current 52-week high.

The numerical comparison between Jefferies and the market price is important: the broker target moved up 130 pence, but it remains below the latest quotation. MarketBeat's consensus target of 1,900 pence is 44.58 pence above the September 22, 2026 price, or 2.4 percent.

Greggs stock trades at 1,855 pence

Greggs stock stood at 1,855.42 pence on the London Stock Exchange as of September 22, 2026. MarketBeat reported volume of 118,991 shares, a 52-week range of 1,407.20 to 2,046 pence and market capitalization of GBP 1.89 billion in its September 22, 2026 snapshot.