Premier Foods (LON:PFD) Insider Alex Whitehouse Sells 473,186 Shares of Stock

Premier Foods plc (LON:PFD) insider Alex Whitehouse sold 473,186 shares of the firm’s stock in a transaction that occurred on Tuesday, January 27th. The shares were sold at an average price of GBX 186, for a total transaction of £880,125.96.

Premier Foods Price Performance

Shares of PFD opened at GBX 188.80 on Thursday. The company has a market cap of £1.63 billion, a P/E ratio of 12.67, a PEG ratio of 1.44 and a beta of 1.08. Premier Foods plc has a fifty-two week low of GBX 165.20 and a fifty-two week high of GBX 216.50. The company has a quick ratio of 0.41, a current ratio of 1.14 and a debt-to-equity ratio of 25.47. The firm’s 50 day moving average price is GBX 174.91 and its 200 day moving average price is GBX 182.28.

Premier Foods (LON:PFD) last issued its quarterly earnings results on Thursday, November 13th. The company reported GBX 5.40 EPS for the quarter. Premier Foods had a net margin of 9.89% and a return on equity of 8.49%. On average, research analysts forecast that Premier Foods plc will post 13.2607117 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages have weighed in on PFD. Berenberg Bank restated a “buy” rating and set a GBX 280 price target on shares of Premier Foods in a report on Thursday, January 22nd. Jefferies Financial Group reissued a “buy” rating and set a GBX 230 price objective on shares of Premier Foods in a research report on Thursday, January 22nd. Peel Hunt restated a “buy” rating and set a GBX 230 target price on shares of Premier Foods in a research note on Thursday, November 13th. Finally, Shore Capital reiterated a “house stock” rating on shares of Premier Foods in a research note on Wednesday, January 21st. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of GBX 245.

Premier Foods Company Profile

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. The company operates through Grocery, Sweet Treats, and international segments. It offers a portfolio of product categories, including flavorings and seasonings under the Bisto, OXO, Paxo, and Saxa brands; cooking sauces and accompaniments under the Sharwood's, Loyd Grossman, Spice Tailor and Homepride brands; quick meals, snacks, and soups under the Batchelors and Smash brands; ambient desserts under the Ambrosia, Bird's, and Angel Delight brands; and ambient cakes under the Mr Kipling and Cadbury brands.