Premium Brands Holdings Co. (OTCMKTS:PRBZF – Get Rating) has been given a consensus recommendation of “Buy” by the nine analysts that are presently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $145.78.
PRBZF has been the subject of a number of analyst reports. Stifel Nicolaus lowered their price objective on Premium Brands from C$150.00 to C$140.00 in a research report on Friday, March 11th. National Bank Financial lowered their price target on Premium Brands from C$155.00 to C$138.00 in a report on Thursday, April 21st. Finally, Scotiabank lowered their price target on Premium Brands from C$150.00 to C$145.00 in a report on Friday, March 11th.
Shares of Premium Brands stock opened at $79.12 on Friday. Premium Brands has a one year low of $78.82 and a one year high of $109.37. The business has a 50-day simple moving average of $83.47 and a 200-day simple moving average of $94.91.
Premium Brands Holdings Corporation, through its subsidiaries, manufactures and distributes food products primarily in Canada and the United States. It operates in two segments, Specialty Foods and Premium Food Distribution. The company provides meat products and snacks, deli products, beef jerky and halal, sandwiches, pastries, specialty and gourmet products, salads and kettle products, entrees, panini, wraps, subs, hamburgers, burgers, muffins, breads, pastas, and baking and sushi products, as well as processed meat products and ready-to-eat meals.
- Get a free copy of the StockNews.com research report on Premium Brands (PRBZF)
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