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

Bakkavor Group (LON:BAKKGet Rating)‘s stock had its “buy” rating reiterated by equities research analysts at Peel Hunt in a research report issued on Tuesday, MarketBeat.com reports. They currently have a GBX 145 ($1.89) price target on the stock. Peel Hunt’s price target would suggest a potential upside of 34.26% from the company’s previous close.

Separately, Berenberg Bank dropped their price target on Bakkavor Group from GBX 145 ($1.89) to GBX 125 ($1.63) and set a “hold” rating on the stock in a research report on Monday, March 21st.

Bakkavor Group stock opened at GBX 108 ($1.41) on Tuesday. The stock’s 50 day simple moving average is GBX 116.50 and its two-hundred day simple moving average is GBX 122.11. The company has a debt-to-equity ratio of 63.24, a quick ratio of 0.39 and a current ratio of 0.59. The stock has a market cap of £625.78 million and a price-to-earnings ratio of 11.23. Bakkavor Group has a fifty-two week low of GBX 96.80 ($1.26) and a fifty-two week high of GBX 143.80 ($1.87).

Bakkavor Group Company Profile (Get Rating)

Bakkavor Group plc, together with its subsidiaries, prepares and markets fresh prepared foods in the United Kingdom, the United States, and China. It offers meals, pizzas and breads, desserts, salads, soups and sauces, dips, food-to-go products, fresh cut salads, sandwiches and wraps, and bakery products.

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