Bakkavor Group plc (LON:BAKK - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 226 ($3.09) and last traded at GBX 224 ($3.06), with a volume of 926624 shares changing hands. The stock had previously closed at GBX 220.95 ($3.02).
Analyst Ratings Changes
Separately, Royal Bank Of Canada reissued an "outperform" rating and issued a GBX 170 ($2.32) target price on shares of Bakkavor Group in a research note on Thursday, March 13th.
Check Out Our Latest Stock Report on Bakkavor Group
Bakkavor Group Price Performance
The company has a 50 day moving average of GBX 202.05 and a 200 day moving average of GBX 170.43. The stock has a market capitalization of £1.28 billion, a price-to-earnings ratio of 19.90, a price-to-earnings-growth ratio of 0.61 and a beta of 0.63. The company has a quick ratio of 0.43, a current ratio of 0.62 and a debt-to-equity ratio of 53.92.
Bakkavor Group Company Profile
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We are the leading provider of fresh prepared food in the UK, and our presence in the US and China positions the Group well in these high-growth markets. We leverage our consumer insight and scale to provide innovative food that offers quality, choice, convenience, and freshness. Around 18,000 colleagues operate from 43 sites across our three markets supplying a portfolio of over 3,000 products across meals, pizza & bread, salads and desserts to leading grocery retailers in the UK and US, and international food brands in China.
Further Reading
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