Our ‘buy’ call on the convenience food maker has yielded a quick win, but we’re holding out for further upside
Bakkavor (BAKK) 170p Gain to date: 13% Shares highlighted Bakkavor’s (BAKK) attractions at 150.5p on 13 March, urging investors to buy the chilled prepared-food manufacturer for its cash generation, defensive qualities and positive trading momentum. We noted the private label pizza-to-hummus maker was rebuilding margins and reducing debt levels, a tasty combination which could drive a further re-rating of the stock. Bakkavor, we noted, was well-positioned should consumers cut...