Premium Brands Holdings Co. (OTCMKTS:PRBZF) Receives Average Rating of “Moderate Buy” from Analysts

Premium Brands Holdings Co. (OTCMKTS:PRBZF) has earned an average rating of “Moderate Buy” from the six research firms that are presently covering the firm, Marketbeat reports. One analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company.

Several analysts recently commented on the company. Scotiabank restated an “outperform” rating on shares of Premium Brands in a research report on Friday, May 8th. Royal Bank Of Canada reissued an “outperform” rating on shares of Premium Brands in a research note on Friday, May 8th. BMO Capital Markets restated an “outperform” rating on shares of Premium Brands in a research note on Friday, May 8th. Finally, Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Premium Brands in a report on Friday, May 8th.

Premium Brands Stock Performance

Premium Brands stock opened at $62.96 on Wednesday. Premium Brands has a 1 year low of $58.37 and a 1 year high of $77.81. The firm’s 50-day moving average is $62.88 and its 200-day moving average is $66.32.

Premium Brands Company Profile

Premium Brands Holdings Corp is a Canadian specialty food manufacturing and distribution company that develops, produces and markets a broad array of premium branded and private-label food products. The company serves retail, foodservice and take-home meal customers, offering a diverse portfolio that includes deli meats, fresh and frozen sandwiches, baked goods, seafood, plant-based proteins and artisanal cheeses. Premium Brands focuses on high-growth, value-added segments of the food industry where quality, convenience and innovation drive customer loyalty.

Through a strategy of organic development and targeted acquisitions, Premium Brands has assembled a network of production facilities and distribution centres across North America and selected international markets.