Brokerages Set Bakkavor Group Plc (BAKK) Target Price at $190.00

Shares of Bakkavor Group Plc (LON:BAKK) have been given an average recommendation of “Hold” by the six brokerages that are presently covering the stock, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is GBX 190 ($2.48).

A number of research analysts recently commented on BAKK shares. Numis Securities reduced their target price on Bakkavor Group from GBX 200 ($2.61) to GBX 155 ($2.03) and set a “hold” rating on the stock in a research note on Wednesday, January 9th. Peel Hunt reduced their target price on Bakkavor Group from GBX 260 ($3.40) to GBX 200 ($2.61) and set a “buy” rating on the stock in a research note on Friday, December 21st. Finally, Barclays reissued an “overweight” rating on shares of Bakkavor Group in a research note on Monday, September 24th.

Shares of Bakkavor Group stock remained flat at $GBX 142 ($1.86) during trading on Wednesday. 38,315 shares of the stock traded hands, compared to its average volume of 376,835. Bakkavor Group has a 52-week low of GBX 181 ($2.37) and a 52-week high of GBX 215 ($2.81).

About Bakkavor Group

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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Analyst Recommendations for Bakkavor Group (LON:BAKK)

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