Premier Investments Limited Downgraded to “Neutral” at Goldman Sachs Group Inc. (PMV)
Premier Investments Limited (ASX:PMV) was downgraded by analysts at Goldman Sachs Group Inc. to a “neutral” rating in a research report issued to clients and investors on Wednesday, American Banking and Market News reports. They currently have a $69.30 price objective on the stock.
Premier Investments Limited (ASX:PMV) traded down 0.48% on Wednesday, hitting A$8.270. The stock had a trading volume of 437,895 shares. Premier Investments Limited has a 1-year low of A$5.160 and a 1-year high of A$8.860. The stock has a 50-day moving average of A$7.86 and a 200-day moving average of A$7.71. The company has a market cap of A$1.284 billion and a price-to-earnings ratio of 17.10.
Separately, analysts at Commonwealth Bank reiterated a “neutral” rating on shares of Premier Investments Limited (ASX:PMV) in a research note to investors on Thursday, September 12th.
Premier Investments Limited (ASX:PMV) operates a number of specialty retail fashion chains within the specialty retail fashion markets in Australia, New Zealand and via a joint venture entity in South Africa.
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