Separately, Peel Hunt reiterated a “buy” rating and issued a GBX 145 ($1.81) price objective on shares of Premier Foods in a research note on Tuesday, April 12th.
PFD opened at GBX 113.14 ($1.41) on Tuesday. The company has a debt-to-equity ratio of 29.09, a quick ratio of 0.32 and a current ratio of 0.67. The stock has a market capitalization of £976.17 million and a P/E ratio of 11.77. The company’s 50-day simple moving average is GBX 113.20 and its two-hundred day simple moving average is GBX 111.40. Premier Foods has a 52-week low of GBX 94.80 ($1.18) and a 52-week high of GBX 128.20 ($1.60).
About Premier Foods (Get Rating)
Premier Foods plc, together with its subsidiaries, manufactures and distributes branded and own label food products in the United Kingdom, other European countries, and internationally. It operates through Grocery, Sweet Treats, and International segments. The company offers a portfolio of product categories, including flavorings and seasonings under the Bisto, OXO, and Paxo brands; cooking sauces and accompaniments under the Sharwood's, Loyd Grossman, and Homepride brands; and quick meals, snacks, and soups under the Batchelors and Smash brands.
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