National Bank Financial Issues Pessimistic Forecast for Premium Brands (TSE:PBH) Stock Price

Premium Brands (TSE:PBH) had its price target reduced by equities researchers at National Bank Financial from C$115.00 to C$108.00 in a report released on Friday,BayStreet.CA reports. The brokerage currently has a “sector perform” rating on the stock. National Bank Financial’s target price points to a potential upside of 24.71% from the stock’s previous close.

A number of other brokerages have also commented on PBH. Stifel Nicolaus boosted their price objective on Premium Brands from C$106.00 to C$111.00 in a report on Thursday, December 18th. Scotiabank dropped their target price on Premium Brands from C$120.00 to C$100.00 and set an “outperform” rating on the stock in a report on Friday. Raymond James Financial cut their target price on Premium Brands from C$125.00 to C$115.00 and set an “outperform” rating on the stock in a research report on Friday. Canadian Imperial Bank of Commerce decreased their price target on Premium Brands from C$120.00 to C$110.00 in a report on Friday. Finally, BMO Capital Markets lowered their price target on Premium Brands from C$125.00 to C$116.00 in a research report on Friday. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of C$117.82.

Premium Brands Stock Down 0.5%

Premium Brands stock opened at C$86.60 on Friday. The firm has a market capitalization of C$3.87 billion, a price-to-earnings ratio of 58.91, a price-to-earnings-growth ratio of 1.10 and a beta of 0.51. The firm’s fifty day moving average price is C$99.05 and its two-hundred day moving average price is C$97.03. Premium Brands has a 1-year low of C$72.57 and a 1-year high of C$106.79. The company has a current ratio of 1.23, a quick ratio of 1.16 and a debt-to-equity ratio of 206.42.

Premium Brands (TSE:PBH) last posted its earnings results on Thursday, March 19th. The company reported C$1.29 earnings per share for the quarter. Premium Brands had a net margin of 0.54% and a return on equity of 2.38%. The company had revenue of C$1.90 billion for the quarter. On average, equities research analysts predict that Premium Brands will post 6.039823 earnings per share for the current fiscal year.

Key Premium Brands News

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.