Bakkavor Group plc (LON:BAKK - Get Free Report) shares hit a new 52-week high during trading on Monday . The company traded as high as GBX 165 ($2.14) and last traded at GBX 157.50 ($2.04), with a volume of 5488 shares trading hands. The stock had previously closed at GBX 155 ($2.01).
Analyst Ratings Changes
Separately, Deutsche Bank Aktiengesellschaft lifted their target price on shares of Bakkavor Group from GBX 140 ($1.82) to GBX 170 ($2.21) and gave the company a "buy" rating in a research note on Thursday, September 12th.
View Our Latest Analysis on BAKK
Bakkavor Group Trading Up 1.9 %
The company's fifty day moving average price is GBX 155.95 and its two-hundred day moving average price is GBX 144.55. The firm has a market cap of £913.79 million, a P/E ratio of 1,436.36, a price-to-earnings-growth ratio of 0.61 and a beta of 0.63. The company has a current ratio of 0.62, a quick ratio of 0.43 and a debt-to-equity ratio of 53.92.
Bakkavor Group Cuts Dividend
The firm also recently announced a dividend, which was paid on Friday, October 11th. Shareholders of record on Thursday, September 12th were given a dividend of GBX 3.20 ($0.04) per share. The ex-dividend date of this dividend was Thursday, September 12th. This represents a yield of 2.08%. Bakkavor Group's payout ratio is presently 7,272.73%.
Bakkavor Group Company Profile
(
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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.
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