Numis Securities Cuts Bakkavor Group (BAKK) Price Target to GBX 155

Bakkavor Group (LON:BAKK) had its price target reduced by Numis Securities from GBX 200 ($2.61) to GBX 155 ($2.03) in a research note released on Wednesday. Numis Securities currently has a hold rating on the stock.

A number of other research analysts have also recently issued reports on BAKK. Barclays reissued an overweight rating on shares of Bakkavor Group in a research report on Tuesday, September 18th. Peel Hunt reissued a buy rating on shares of Bakkavor Group in a research report on Friday, October 12th. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company has an average rating of Hold and an average price target of GBX 193.67 ($2.53).

Shares of LON BAKK opened at GBX 142 ($1.86) on Wednesday. Bakkavor Group has a 1 year low of GBX 181 ($2.37) and a 1 year 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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