Premium Brands Holdings Co. (OTCMKTS:PRBZF) Given Average Rating of “Buy” by Brokerages

Premium Brands Holdings Co. (OTCMKTS:PRBZFGet Rating) has been given a consensus rating of “Buy” by the nine ratings firms that are currently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $143.89.

A number of analysts recently commented on PRBZF shares. Stifel Nicolaus lowered their price objective on shares of Premium Brands from C$150.00 to C$140.00 in a research report on Friday, March 11th. Scotiabank lowered their price objective on shares of Premium Brands from C$150.00 to C$145.00 in a research report on Friday, March 11th. National Bank Financial lowered their price objective on shares of Premium Brands from C$155.00 to C$138.00 in a research report on Thursday, April 21st. Finally, BMO Capital Markets lowered their target price on Premium Brands from C$142.00 to C$139.00 in a report on Monday, May 9th.

PRBZF opened at $78.42 on Wednesday. Premium Brands has a 12 month low of $78.42 and a 12 month high of $109.37. The company has a fifty day simple moving average of $81.28 and a 200 day simple moving average of $91.69.

Premium Brands Company Profile (Get Rating)

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.

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Analyst Recommendations for Premium Brands (OTCMKTS:PRBZF)

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