Deutsche Bank Aktiengesellschaft Lowers Bakkavor Group (LON:BAKK) to Hold

Deutsche Bank Aktiengesellschaft cut shares of Bakkavor Group (LON:BAKK) to a hold rating in a research report released on Wednesday morning, Digital Look reports. The firm currently has GBX 140 ($1.82) target price on the stock.

Separately, Citigroup reissued a neutral rating and issued a GBX 155 ($2.01) price objective on shares of Bakkavor Group in a research note on Thursday, June 6th.

Bakkavor Group Stock Performance

Shares of BAKK opened at GBX 153.50 ($1.99) on Wednesday. Bakkavor Group has a one year low of GBX 80 ($1.04) and a one year high of GBX 158 ($2.05). The company has a market cap of £882.41 million, a PE ratio of 1,705.56, a P/E/G ratio of 0.61 and a beta of 0.61. The stock has a 50-day moving average of GBX 140.43 and a 200-day moving average of GBX 115.35. The company has a debt-to-equity ratio of 58.69, a current ratio of 0.56 and a quick ratio of 0.43.

Bakkavor Group Company Profile

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