Greggs PLC received a 'buy' upgrade from Panmure Liberum and a raised price target from Deutsche Bank following stronger-than-expected third-quarter sales. Total sales rose 7.7% with like-for-like sales up 3.4%, prompting Panmure to increase its full-year profit forecast by 2% to about £178 million. Greggs also plans to open 100-110 net new stores this year and is considering consolidating manufacturing sites to cut costs. Deutsche Bank raised its target price despite maintaining a 'sell' rating, noting accelerating sales growth and manageable cost inflation guidance for 2026.
Greggs PLC is the subject of recent analyst upgrades and raised price targets. For readers following the Consumer Cyclical sector, here is Pluang's market snapshot as of Oct 01, 2026 17:51 WIB: Of 112 priced US stocks in this sector, 58 rose and 39 fell today. Notable movers include Quantumscape Corp (QS) at USD 4.70 with a 1-day change of +1.18% and 100% buy order activity, Stitch Fix Inc (SFIX) at USD 2.53 with a 1-day change of -1.17% and 95% sell order activity, and Aterian Inc (ATER) at USD 0.58 with a 1-day change of -1.13% and 83% buy order activity. The most notable figure is QS's 100% buy order activity on Pluang.
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