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...

Important information:

These articles are provided by Shares magazine which is published by AJ Bell Media, a part of AJ Bell. Shares is not written by AJ Bell Youinvest.

Shares is provided for your general information and use and is not a personal recommendation to invest. It is not intended to be relied upon by you in making or not making any investment decisions. The investments referred to in these articles will not be suitable for all investors. If in doubt please seek appropriate independent financial advice.

Investors acting on the information in these articles do so at their own risk and AJ Bell Media and its staff do not accept liability for losses suffered by investors as a result of their investment decisions.

The Shares team
Disclaimer

The value of your investments can go down as well as up and you may get back less than you originally invested. We don't offer advice, so it's important you understand the risks, if you're unsure please consult a suitably qualified financial adviser. Tax treatment depends on your individual circumstances and rules may change. Past performance is not a guide to future performance and some investments need to be held for the long term.