TOday’s Movers: Bakkavor Group Plc (LON:BAKK) Stock Rating Reconfirmed at Peel Hunt; GBX 260.00 Target Price Indicates 46.89 % Potential

September 7, 2018 - By Victoria Pittman

Bakkavor Group Plc (LON:BAKK) Rating Reaffirmed

London: In a research report sent to clients and investors on Thursday, 6 September, Peel Hunt reaffirmed their Buy rating on Bakkavor Group Plc (LON:BAKK) shares. They now have a GBX 260.00 PT on the company. Peel Hunt’s target gives a potential upside of 46.89 % from the company’s last price.

Bakkavor Group plc (LON:BAKK) Ratings Coverage

Among 3 analysts covering Bakkavor Group Plc (LON:BAKK), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Bakkavor Group Plc has GBX 260 highest and GBX 195 lowest target. GBX 221.67’s average target is 29.94% above currents GBX 170.6 stock price. Bakkavor Group Plc had 10 analyst reports since April 27, 2018 according to SRatingsIntel. The rating was maintained by Peel Hunt with “Buy” on Wednesday, May 23. The stock has “Buy” rating by Peel Hunt on Thursday, September 6. The stock of Bakkavor Group plc (LON:BAKK) has “Buy” rating given on Friday, August 3 by Peel Hunt. The stock of Bakkavor Group plc (LON:BAKK) earned “Hold” rating by Kepler Cheuvreux on Thursday, August 23. As per Wednesday, May 2, the company rating was maintained by Peel Hunt. As per Tuesday, May 22, the company rating was maintained by Citigroup. Kepler Cheuvreux maintained it with “Hold” rating and GBX 195 target in Thursday, September 6 report. On Wednesday, May 30 the stock rating was maintained by Peel Hunt with “Buy”. Peel Hunt maintained the stock with “Buy” rating in Friday, April 27 report. On Monday, July 2 the stock rating was maintained by Peel Hunt with “Buy”.

The stock decreased 1.27% or GBX 2.2 during the last trading session, reaching GBX 170.6. About 102,837 shares traded. Bakkavor Group plc (LON:BAKK) has 0.00% since September 7, 2017 and is . It has underperformed by 12.57% the S&P500.

Bakkavor Group Ltd produces and markets fresh prepared foods and produce primarily in the United Kingdom, the United States, and China. The company has market cap of 988.50 million GBP. The firm makes approximately 5,000 fresh prepared foods in 18 product categories. It has a 14.96 P/E ratio. The Company’s products include ready meals and snacks, ready to cook meals, dips, pastas, breads, soups, sauces, prepared vegetables, bakery products, sandwiches and wraps, prepared fruits, modern delis, cut fruits, salads, pizzas, desserts and pastries, stir fries, smoothies, dressed salads, meal salads, and dressings.

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