Separately, Peel Hunt restated a “buy” rating and issued a GBX 145 ($1.79) price target on shares of Premier Foods in a report on Tuesday, April 12th.
LON PFD opened at GBX 113.97 ($1.40) on Wednesday. Premier Foods has a one year low of GBX 95.42 ($1.18) and a one year high of GBX 128.20 ($1.58). The company’s 50 day moving average price is GBX 113.55 and its 200 day moving average price is GBX 111.06. 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 firm has a market capitalization of £983.32 million and a price-to-earnings ratio of 11.82.
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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