Bakkavor Group (LON:BAKK) Receives “Buy” Rating from Peel Hunt

Peel Hunt reiterated their buy rating on shares of Bakkavor Group (LON:BAKK) in a report published on Monday, ThisIsMoney.Co.Uk reports.

BAKK has been the subject of several other research reports. Barclays reiterated an underweight rating on shares of Bakkavor Group in a research note on Wednesday, July 17th. Numis Securities reiterated a hold rating on shares of Bakkavor Group in a research note on Thursday, May 23rd. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average price target of GBX 162 ($2.12).

Shares of LON:BAKK opened at GBX 104.20 ($1.36) on Monday. The company has a debt-to-equity ratio of 56.02, a quick ratio of 0.36 and a current ratio of 0.54. The stock’s 50-day moving average is GBX 107.61 and its 200-day moving average is GBX 124.65. Bakkavor Group has a 52-week low of GBX 91.50 ($1.20) and a 52-week high of GBX 191 ($2.50). The company has a market cap of $603.76 million and a P/E ratio of 9.06.

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.

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Analyst Recommendations for Bakkavor Group (LON:BAKK)

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