The Greggs plc (GRG) Receives GBX 1061.25 Average Price Target from Analysts

Ivan Schwartz
June 17, 2017

Macquarie now has an underperform rating on the retailer's stock.

A number of other research firms have also recently commented on BYG. Barclays PLC restated an "equal weight" rating and issued a GBX 575 ($7.27) target price (up previously from GBX 550 ($6.96)) on shares of A.G. Barr plc in a research report on Friday, March 31st. Jefferies maintained Shaftesbury plc (LON:SHB) on Thursday, April 21 with "Hold" rating. J P Morgan Chase & Co raised their price objective on shares of Meggitt plc from GBX 500 ($6.33) to GBX 505 ($6.39) and gave the stock a "neutral" rating in a research report on Friday, May 19th. On Tuesday, August 11 the stock rating was maintained by Beaufort Securities with "Speculative Buy".

On Thursday, March 16th, Nick Macpherson acquired 2,300 shares of British Land Company PLC stock. Six analysts have rated the stock with a buy rating, Lookers PLC presently has a consensus rating of Buy and a consensus target price of GBX 170 ($2.15). The firm now has a GBX 155 ($1.96) price objective on the stock.

Cloudcall Group PLC (LON:CALL) remained flat at GBX 93.00 during mid-day trading on Friday.

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About 345,226 shares traded. The company's market capitalization is GBX 1.09 billion. The stock's 50-day moving average price is GBX 488.72 and its 200-day moving average price is GBX 458.49. British Land Company PLC has a one year low of GBX 499.96 and a one year high of GBX 773.35.

Big Yellow Group plc (LON:BYG) had its price objective lifted by Peel Hunt from GBX 675 ($8.54) to GBX 700 ($8.86) in a research report released on Tuesday, May 23rd. If you are viewing this report on another website, it was stolen and republished in violation of United States and worldwide copyright laws. The original version of this news story can be read at https://baseballnewssource.com/markets/insider-buying-meggitt-plc-mggt-insider-purchases-124-in-stock/1024658.html.

The business also recently declared a dividend, which was paid on Friday, June 9th. The stock decreased 0.71% or $0.13 on June 15, reaching $18.19. This is an increase from Big Yellow Group plc's previous dividend of $13.50. This represents a dividend yield of 3.07%. The ex-dividend date of this dividend is Thursday, June 29th.

Interserve Plc is a United Kingdom-based support services and construction firm that offers advice, design, construction, equipment, facilities management and frontline public services. The Company's segments are Meggitt Aircraft Braking Systems (MABS), Meggitt Control Systems (MCS), Meggitt Polymers & Composites (MPC), Meggitt Sensing Systems (MSS) and the Meggitt Equipment Group (MEG).

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