Shore Capital Stockbrokers Upgrades Premier Foods Plc to “Buy” (PFD)
Premier Foods Plc (LON:PFD) was upgraded by analysts at Shore Capital Stockbrokers to a “buy” rating in a research report issued to clients and investors on Tuesday, AnalystRatings.Net reports.
PFD has been the subject of a number of other recent research reports. Analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Premier Foods Plc (LON:PFD) in a research note to investors on Wednesday, August 28th. They now have a GBX 80 ($1.25) price target on the stock. Separately, analysts at Credit Suisse upgraded shares of Premier Foods Plc (LON:PFD) from a “neutral” rating to an “outperform” rating in a research note to investors on Tuesday, August 27th. They now have a GBX 155 ($2.42) price target on the stock, up previously from GBX 100 ($1.56). Finally, analysts at Investec reiterated a “buy” rating on shares of Premier Foods Plc (LON:PFD) in a research note to investors on Thursday, August 1st. They now have a GBX 120 ($1.88) price target on the stock, up previously from GBX 95 ($1.49).
Three analysts have rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of GBX 94.29 ($1.47).
Premier Foods Plc (LON:PFD) opened at 159.25 on Tuesday. Premier Foods Plc has a 52 week low of GBX 58.445 and a 52 week high of GBX 152.00. The stock’s 50-day moving average is GBX 110. and its 200-day moving average is GBX 83.20. The company’s market cap is £381.9 million.
Premier Foods plc is engaged in food manufacturing, processing and distribution operates in three segments: Grocery, Bread and Disposed of Canning Operations.
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