Premium Brands Holdings Co. (TSE:PBH) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Premium Brands Holdings Co. (TSE:PBH) have received a consensus rating of “Moderate Buy” from the ten research firms that are currently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. The average 12-month target price among analysts that have covered the stock in the last year is C$102.44.

A number of analysts recently issued reports on the company. Desjardins lowered their target price on Premium Brands from C$95.00 to C$93.00 and set a “buy” rating on the stock in a research report on Monday, March 24th. National Bankshares dropped their price objective on Premium Brands from C$99.00 to C$96.00 and set a “sector perform” rating on the stock in a research note on Thursday, February 27th. BMO Capital Markets raised their target price on shares of Premium Brands from C$94.00 to C$100.00 and gave the company an “outperform” rating in a research note on Monday, March 24th. CIBC raised shares of Premium Brands from a “neutral” rating to an “outperform” rating and upped their price target for the stock from C$90.00 to C$95.00 in a research report on Monday, April 7th. Finally, Royal Bank of Canada lifted their price objective on shares of Premium Brands from C$96.00 to C$97.00 and gave the company an “outperform” rating in a research report on Thursday, March 20th.

Premium Brands Stock Down 0.0 %

Premium Brands stock opened at C$75.74 on Friday. The company has a fifty day simple moving average of C$77.43 and a 200 day simple moving average of C$79.76. The company has a current ratio of 1.51, a quick ratio of 1.16 and a debt-to-equity ratio of 163.00. Premium Brands has a 1-year low of C$72.57 and a 1-year high of C$97.10. The company has a market cap of C$3.38 billion, a P/E ratio of 33.72, a price-to-earnings-growth ratio of 1.10 and a beta of 0.98.

Premium Brands Company Profile

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 processed meat, deli products, meat snacks, beef jerky and halal, sandwiches, pastries, specialty and gourmet products, entrees, panini, wraps, subs, hamburgers, burgers, salads and kettle products, muffins, breads, pastas, pizza, and baking and sushi products.