Broker Recommendations
JPMorgan starts Greggs at 'overweight'
By Iain Gilbert
Date: Friday 05 Dec 2025
(Sharecast News) - JPMorgan initiated coverage on bakery chain Greggs with a 2,110p target price and an 'overweight' rating on Friday, as it said a re-rating appeared to be "on the menu".
JPMorgan said its rating was driven by its proprietary benchmarking analysis, which suggested Greggs was "a structural winner".
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