Bakkavor Group’s (BAKK) Overweight Rating Reaffirmed at Barclays

Barclays reissued their overweight rating on shares of Bakkavor Group (LON:BAKK) in a research note published on Wednesday. The brokerage currently has a GBX 212 ($2.93) target price on the stock.

A number of other research analysts have also recently commented on BAKK. Citigroup initiated coverage on shares of Bakkavor Group in a research report on Thursday, December 21st. They issued a neutral rating and a GBX 210 ($2.90) target price on the stock. Kepler Capital Markets initiated coverage on shares of Bakkavor Group in a research report on Monday, January 8th. They issued a hold rating and a GBX 200 ($2.76) target price on the stock. Finally, Peel Hunt initiated coverage on shares of Bakkavor Group in a research report on Thursday, January 11th. They issued a buy rating and a GBX 260 ($3.59) target price on the stock.

Shares of Bakkavor Group (LON:BAKK) opened at GBX 196 ($2.71) on Wednesday. Bakkavor Group has a 1-year low of GBX 185.50 ($2.56) and a 1-year high of GBX 215 ($2.97). The stock has a market cap of $1,140.00 and a PE ratio of 3,266.67.

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About Bakkavor Group

Bakkavor Group plc is a United Kingdom-based company. The Company is focused on manufacturing fresh prepared foods (FPF) in the United States and China. The Company’s products include breads and bakery, desserts and pastries, dips, dressed salads, dressings, fresh cut fruit, fresh cut salads, fresh cut vegetables, fresh produce, fruit juices and smoothies, meal salads, modern deli, pasta, pizza, ready meals, sandwiches and sandwich wraps, sauces, soups, and stir fries.

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