Greggs is no longer good value as shares hit record high

Food retailer will have to keep issuing very strong news to sustain the share price momentum
Thursday 14 Feb 2019 Author: James Crux
Shares in food retailer Greggs ( GRG ) have hit an all-time high of £16.06, helped by a bullish trading update in January and investors keen to own a business on a roll. Management flagged ‘good sales momentum and operational execution’ at the start of 2019. Greggs offers appeal on both the growth and income front and we expect trading has remained strong. The launch of the vegan-friendly sausage...

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