BMO Capital Markets Lowers Premium Brands (TSE:PBH) Price Target to C$116.00

Premium Brands (TSE:PBH) had its price objective lowered by BMO Capital Markets from C$125.00 to C$116.00 in a research report issued to clients and investors on Friday,BayStreet.CA reports. BMO Capital Markets’ price target points to a potential upside of 33.95% from the stock’s previous close.

Other research analysts have also issued research reports about the stock. Scotiabank raised shares of Premium Brands from a “hold” rating to an “outperform” rating and boosted their target price for the stock from C$99.00 to C$120.00 in a research report on Thursday, December 18th. TD Securities raised their price target on Premium Brands from C$145.00 to C$160.00 in a research report on Thursday, December 18th. Stifel Nicolaus lifted their price objective on Premium Brands from C$106.00 to C$111.00 in a research note on Thursday, December 18th. Desjardins set a C$120.00 price objective on Premium Brands and gave the stock a “buy” rating in a research report on Friday, December 19th. Finally, Canadian Imperial Bank of Commerce decreased their target price on Premium Brands from C$120.00 to C$110.00 in a research note on Friday. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of C$117.82.

Premium Brands Trading Down 0.5%

TSE:PBH opened at C$86.60 on Friday. The company’s 50 day moving average is C$99.05 and its 200-day moving average is C$97.03. The company has a quick ratio of 1.16, a current ratio of 1.23 and a debt-to-equity ratio of 206.42. Premium Brands has a 12 month low of C$72.57 and a 12 month high of C$106.79. The firm has a market cap of C$3.87 billion, a price-to-earnings ratio of 58.91, a P/E/G ratio of 1.10 and a beta of 0.51.

Premium Brands (TSE:PBH) last posted its quarterly earnings data on Thursday, March 19th. The company reported C$1.29 earnings per share (EPS) for the quarter. Premium Brands had a net margin of 0.54% and a return on equity of 2.38%. The business had revenue of C$1.90 billion during the quarter. Equities analysts anticipate that Premium Brands will post 6.039823 EPS for the current year.

Key Stories Impacting Premium Brands

Here are the key news stories impacting Premium Brands this week:

• Positive Sentiment: Reported record fourth‑quarter sales, adjusted EBITDA and adjusted EPS, and announced the sale of an interest (company press release). Premium Brands reports record Q4
• Positive Sentiment: Desjardins initiated/assigned a C$120.00 price target with a “buy” rating, implying ~39% upside from the current price — a bullish analyst view that could support the stock. Desjardins sets C$120 target
• Neutral Sentiment: Quarterly headline: C$1.29 EPS and C$1.90B revenue, but reported net margin ~0.92% and ROE ~3.8% — strong top‑line/adjusted metrics offset by thin GAAP margins. Quarterly results and materials
• Neutral Sentiment: Scotiabank cut its price target from C$120 to C$100 but kept an “outperform” rating (still implies mid‑teens upside) — a tempered yet constructive view. Scotiabank lowers target
• Neutral Sentiment: BMO Capital Markets trimmed its target from C$125 to C$116 (remaining upside in the mid‑30%s) — a cut but still positive on longer‑term upside. BMO lowers target
• Neutral Sentiment: Raymond James lowered its target from C$125 to C$115 and kept an “outperform” rating — another analyst trimming estimates but maintaining upside. Raymond James lowers target
• Neutral Sentiment: Canadian Imperial Bank of Commerce reduced its target to C$110 from C$120 (still shows ~28% upside). CIBC lowers target TickerReport item
• Negative Sentiment: National Bank Financial lowered its target from C$115 to C$108 and moved to a “sector perform” rating — a downgrade in tone that likely pressured the stock. National Bank cuts target and rating TickerReport item

About Premium Brands

Premium Brands Holdings Corp is engaged in specialty food manufacturing, premium food distribution, and wholesale businesses with operations in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, Nevada, and Washington State. The company’s business segments include Specialty Foods, Premium Food Distribution, and Corporate. The Specialty Foods segment consists of its specialty food manufacturing businesses, which contributes about two-thirds of the group revenue; the Premium Food Distribution segment consists of the company’s distribution and wholesale businesses; the Corporate segment includes the company’s head office activities along with its finance and information systems.