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Greggs shares have soared. Could they still be a bargain?
['Christopher Ruane', 'Min Read']
Yahoo Finance - Business Finance, Stock Market, Quotes, News
Last week, pastry maker Greggs (LSE: GRG) issued its interim results – and the FTSE 250 company's share price soared.
Greggs shares are now 22% higher than they were just a month ago.
I took advantage of the share price surge to sell some of my Greggs shares.
Now trading at 15 times earnings, Greggs shares no longer look like a screaming bargain to me.
I reckon it's worth consideringStill, while I have reduced my holding, I plan to hang onto my current Greggs shares for the foreseeable future.