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

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

A number of other research analysts have also recently issued reports on the company. Barclays reissued an underweight rating on shares of Bakkavor Group in a research note on Wednesday, July 17th. Numis Securities reissued a hold rating on shares of Bakkavor Group in a research note on Thursday, May 23rd. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. Bakkavor Group presently has a consensus rating of Hold and an average price target of GBX 162 ($2.12).

LON:BAKK opened at GBX 102.60 ($1.34) on Monday. Bakkavor Group has a 1 year low of GBX 91.50 ($1.20) and a 1 year high of GBX 191 ($2.50). The company has a current ratio of 0.54, a quick ratio of 0.36 and a debt-to-equity ratio of 56.02. The stock has a market cap of $594.49 million and a price-to-earnings ratio of 8.92. The stock has a 50-day moving average price of GBX 107.83 and a two-hundred day moving average price of GBX 124.85.

About Bakkavor Group

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.

Read More: Stochastic Momentum Index (SMI)

Analyst Recommendations for Bakkavor Group (LON:BAKK)

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.