Published on 28 Apr 2024 on Simply Wall St. via Yahoo Finance
Greggs plc (LON:GRG), might not be a large cap stock, but it received a lot of attention from a substantial price movement on the LSE over the last few months, increasing to UK£28.78 at one point, and dropping to the lows of UK£26.14. Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. A question to answer is whether Greggs' current trading price of UK£27.00 reflective of the actual value of the mid-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let’s take a look at Greggs’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change.
See our latest analysis for Greggs
What Is Greggs Worth?