Bakkavor Group plc (BAKK.L) (LON:BAKK) Shares Gap Up to $81.60

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Bakkavor Group plc (BAKK.L) (LON:BAKK)’s share price gapped up before the market opened on Thursday . The stock had previously closed at $81.60, but opened at $85.30. Bakkavor Group plc (BAKK.L) shares last traded at $90.00, with a volume of 444,191 shares traded.

Several research analysts recently weighed in on the stock. Peel Hunt restated a “buy” rating and set a GBX 125 ($1.63) price target on shares of Bakkavor Group plc (BAKK.L) in a report on Wednesday, October 14th. Peel Hunt reiterated a “buy” rating and issued a GBX 125 ($1.63) target price on shares of Bakkavor Group plc (BAKK.L) in a research note on Wednesday, October 14th.

The company has a debt-to-equity ratio of 83.53, a current ratio of 0.60 and a quick ratio of 0.40. The stock has a market capitalization of £521.48 million and a PE ratio of 19.43. The stock’s 50 day simple moving average is GBX 80.66 and its two-hundred day simple moving average is GBX 69.60.

Bakkavor Group plc (BAKK.L) Company Profile (LON:BAKK)

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

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