Bakkavor Group Plc -7.0% potential downside indicated by Deutsche

Bakkavor Group Plc with ticker (LON:BAKK) now has a potential downside of -7.0% according to Deutsche.

BAKK.L

Deutsche set a target price of 140 GBX for the company, which when compared to the Bakkavor Group Plc share price of 151 GBX at opening today (26/07/2024) indicates a potential downside of -7.0%. Trading has ranged between 80 (52 week low) and 158 (52 week high) with an average of 253,411 shares exchanging hands daily. The market capitalisation at the time of writing is £895,212,552.

Bakkavor Group plc is a United Kingdom-based company, which is a provider of fresh prepared food (FPF). The principal activities of the Company comprise the manufacture of fresh prepared foods and fresh produce. These activities are undertaken in the United Kingdom, the United States, where products are primarily sold through high-street supermarkets, and China, where products are primarily sold through foodservice operators. Its product offerings include fresh-made meals, artisanal breads, soups and sauces, hummus and dips and burritos. The flagship fresh-made meals include both single-serve and family-size entrees. The artisanal breads offer products, including oven products, including flatbreads, focaccia, pizzas and sourdough under the Breadeli brand. The soups and sauces offer seasonal produce, lean proteins, and aromatic herbs and spices. Its burrito offers a variety of flavors, including black bean and cheese, chicken fajita, and breakfast burritos.