Broker Recommendations

Panmure Liberum upgrades Greggs to 'buy' after Q3 update

By Michele Maatouk

Date: Thursday 01 Oct 2026

(Sharecast News) - Panmure Liberum upgraded Greggs to 'buy' from 'hold' on Thursday and hiked the price target to 2,440p from 1,560p after the bakery chain's third-quarter trading update a day earlier.
The broker noted that like-for-like sales accelerated meaningfully through Q3, prompting management to raise guidance for FY26 pre-tax profit.

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