Bakkavor Group’s (BAKK) Overweight Rating Reiterated at Barclays
A number of other research firms also recently weighed in on BAKK. Kepler Capital Markets reduced their target price on shares of Bakkavor Group from GBX 195 ($2.54) to GBX 185 ($2.41) and set a hold rating on the stock in a research report on Thursday, September 6th. Peel Hunt reaffirmed a buy rating and issued a GBX 260 ($3.39) target price on shares of Bakkavor Group in a research report on Thursday, September 6th. Finally, Berenberg Bank reduced their target price on shares of Bakkavor Group from GBX 210 ($2.74) to GBX 200 ($2.61) and set a hold rating on the stock in a research report on Thursday, September 6th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average target price of GBX 213.40 ($2.78).
Shares of Bakkavor Group stock opened at GBX 169.20 ($2.20) on Monday. Bakkavor Group has a 12-month low of GBX 181 ($2.36) and a 12-month high of GBX 215 ($2.80).
The firm also recently announced a dividend, which will be paid on Friday, October 5th. Stockholders of record on Thursday, September 13th will be given a GBX 2 ($0.03) dividend. This represents a dividend yield of 1.16%. The ex-dividend date is Thursday, September 13th.
Bakkavor Group Company Profile
Bakkavor Group plc produces and markets fresh prepared foods and produce in the United Kingdom and internationally. The company offers breads and bakery products, desserts and pastries, dips, dressed salads, dressings, fresh produce, fruit juices and smoothies, meal salads, modern deli, pasta, pizza, ready meals, sandwiches and sandwich wraps, sauces, soups, and stir fries, as well as fresh cut fruits, salads, and vegetables to grocery retailers and foodservice providers.
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