Bakkavor Group (LON:BAKK) Earns “Buy” Rating from Peel Hunt
Peel Hunt reissued their buy rating on shares of Bakkavor Group (LON:BAKK) in a research note issued to investors on Wednesday morning, Digital Look reports. Peel Hunt currently has a GBX 190 ($2.48) target price on the stock.
Other research analysts also recently issued reports about the stock. Shore Capital reaffirmed a not rated rating on shares of Bakkavor Group in a research report on Tuesday, September 10th. Barclays reissued an underweight rating and set a GBX 115 ($1.50) price objective (down from GBX 125 ($1.63)) on shares of Bakkavor Group in a research report on Friday, September 20th. Finally, Berenberg Bank raised shares of Bakkavor Group to a hold rating and set a GBX 105 ($1.37) price objective on the stock in a research report on Friday, September 6th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company’s stock. The company currently has an average rating of Hold and an average target price of GBX 147.50 ($1.93).
LON BAKK opened at GBX 125.80 ($1.64) on Wednesday. The company has a debt-to-equity ratio of 81.75, a current ratio of 0.56 and a quick ratio of 0.37. The firm’s fifty day moving average price is GBX 120.73 and its 200 day moving average price is GBX 117.18. The company has a market capitalization of $718.49 million and a price-to-earnings ratio of 16.55. Bakkavor Group has a 12 month low of GBX 91.50 ($1.20) and a 12 month high of GBX 172.60 ($2.26).
Bakkavor Group Company Profile
Bakkavor Group plc produces and markets fresh prepared foods in the United Kingdom, the United States, China, and internationally. The company offers ready meals, soups, pasta, sauces, dips, modern deli, fresh cut and dressed salads, dressings, fresh cut produce, sandwich wraps, pizzas, and breads; and desserts, such as cheese and cream cakes, fruit tarts, crumbles, and trifles to grocery retailers and foodservice providers.
Featured Article: Trading Strategy Methods and Types
Receive News & Ratings for Bakkavor Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bakkavor Group and related companies with MarketBeat.com's FREE daily email newsletter.