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 report sent to investors on Monday morning, ThisIsMoney.Co.Uk reports.
Several other equities research analysts have also issued reports on BAKK. HSBC lowered Bakkavor Group to a hold rating in a research report on Tuesday, January 7th. Peel Hunt reissued a buy rating and set a GBX 190 ($2.50) price target on shares of Bakkavor Group in a research report on Wednesday, January 8th. Finally, Barclays reissued an underweight rating on shares of Bakkavor Group in a research report on Wednesday, November 27th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the stock. Bakkavor Group currently has an average rating of Hold and an average target price of GBX 147.50 ($1.94).
Bakkavor Group stock opened at GBX 137.20 ($1.80) on Monday. The stock has a market cap of $794.97 million and a P/E ratio of 18.05. The company has a current ratio of 0.56, a quick ratio of 0.37 and a debt-to-equity ratio of 81.75. The stock has a 50 day moving average of GBX 139.43 and a 200-day moving average of GBX 121.16. Bakkavor Group has a 52 week low of GBX 91.50 ($1.20) and a 52 week high of GBX 172.60 ($2.27).
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.
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