Bakkavor Group (BAKK) Receives Overweight Rating from Barclays
Bakkavor Group (LON:BAKK)‘s stock had its “overweight” rating reissued by Barclays in a research note issued on Tuesday.
A number of other research analysts have also recently commented on the stock. Kepler Capital Markets dropped their target price on shares of Bakkavor Group from GBX 200 ($2.61) to GBX 195 ($2.54) and set a “hold” rating for the company in a report on Thursday, August 23rd. Peel Hunt reissued a “buy” rating on shares of Bakkavor Group in a report on Friday, August 3rd. Citigroup reissued a “neutral” rating and issued a GBX 210 ($2.74) target price on shares of Bakkavor Group in a report on Tuesday, May 22nd. Finally, Berenberg Bank dropped their target price on shares of Bakkavor Group from GBX 210 ($2.74) to GBX 200 ($2.61) and set a “hold” rating for the company in a report on Thursday, September 6th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of GBX 213.40 ($2.78).
BAKK stock opened at GBX 170 ($2.21) on Tuesday. Bakkavor Group has a 12 month low of GBX 181 ($2.36) and a 12 month high of GBX 215 ($2.80).
Bakkavor Group Company Profile
Bakkavor Group plc produces and markets fresh prepared foods and produce in the United Kingdom and internationally. The company offers breads and bakery products, desserts and pastries, dips, dressed salads, dressings, fresh produce, fruit juices and smoothies, meal salads, modern deli, pasta, pizza, ready meals, sandwiches and sandwich wraps, sauces, soups, and stir fries, as well as fresh cut fruits, salads, and vegetables to grocery retailers and foodservice providers.
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