Bakkavor Group (LON:BAKK) posted its quarterly earnings results on Thursday. The company reported GBX 7.40 ($0.10) earnings per share for the quarter, beating analysts’ consensus estimates of GBX 7 ($0.09) by GBX 0.40 ($0.01), Digital Look Earnings reports. Bakkavor Group had a net margin of 0.81% and a return on equity of 3.83%.

LON:BAKK opened at GBX 170.60 ($2.20) on Friday. Bakkavor Group has a one year low of GBX 181 ($2.33) and a one year high of GBX 215 ($2.77).

The firm also recently announced a dividend, which will be paid on Friday, October 5th. Investors of record on Thursday, September 13th will be given a dividend of GBX 2 ($0.03) per share. The ex-dividend date of this dividend is Thursday, September 13th. This represents a yield of 1.16%.

BAKK has been the topic of a number of research analyst reports. Peel Hunt restated a “buy” rating on shares of Bakkavor Group in a research note on Friday, August 3rd. Citigroup reiterated a “neutral” rating and set a GBX 210 ($2.71) target price on shares of Bakkavor Group in a research report on Tuesday, May 22nd. Berenberg Bank cut their target price on shares of Bakkavor Group from GBX 210 ($2.71) to GBX 200 ($2.58) and set a “hold” rating on the stock in a research report on Thursday. Finally, Kepler Capital Markets reiterated a “hold” rating and set a GBX 195 ($2.52) target price on shares of Bakkavor Group in a research report on Thursday. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of GBX 215.40 ($2.78).

Bakkavor Group Company Profile

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.

See Also: Return on Equity (ROE)

Receive News & Ratings for Bakkavor Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bakkavor Group and related companies with MarketBeat.com's FREE daily email newsletter.