Premier Foods Plc Given “Outperform” Rating at Credit Suisse (PFD)
Premier Foods Plc (LON:PFD)‘s stock had its “outperform” rating reaffirmed by stock analysts at Credit Suisse in a report issued on Tuesday, StockRatingsNetwork reports. They currently have a GBX 155 ($2.48) target price on the stock. Credit Suisse’s target price suggests a potential upside of 4.38% from the stock’s previous close.
Shares of Premier Foods Plc (LON:PFD) opened at 143.47 on Tuesday. Premier Foods Plc has a 52 week low of GBX 58.445 and a 52 week high of GBX 166.75. The stock has a 50-day moving average of GBX 125.7 and a 200-day moving average of GBX 87.36. The company’s market cap is £344.0 million.
Other equities research analysts have also recently issued reports about the stock. Analysts at Panmure Gordon reiterated a “sell” rating on shares of Premier Foods Plc (LON:PFD) in a research note to investors on Tuesday. They now have a GBX 130 ($2.08) price target on the stock. Separately, analysts at Shore Capital Stockbrokers reiterated a “buy” rating on shares of Premier Foods Plc (LON:PFD) in a research note to investors on Tuesday. Finally, analysts at Investec reiterated a “hold” rating on shares of Premier Foods Plc (LON:PFD) in a research note to investors on Tuesday. They now have a GBX 160 ($2.56) price target on the stock.
Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 109.29 ($1.75).
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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