Premier Foods Plc PT Raised to GBX 170 at Citigroup Inc. (PFD)
Equities research analysts at Citigroup Inc. boosted their price objective on shares of Premier Foods Plc (LON:PFD) from GBX 80 ($1.28) to GBX 170 ($2.73) in a research note issued to investors on Friday, StockRatingsNetwork reports. The firm currently has a “neutral” rating on the stock. Citigroup Inc.’s price target would indicate a potential upside of 9.32% from the stock’s previous close.
A number of other firms have also recently commented on PFD. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Premier Foods Plc in a research note to investors on Tuesday, September 24th. They now have a GBX 155 ($2.49) price target on the stock. Separately, analysts at Panmure Gordon reiterated a “sell” rating on shares of Premier Foods Plc in a research note to investors on Tuesday, September 24th. They now have a GBX 130 ($2.09) price target on the stock. Finally, analysts at Shore Capital Stockbrokers reiterated a “buy” rating on shares of Premier Foods Plc in a research note to investors on Tuesday, September 24th. Three equities research analysts have rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of GBX 122.14 ($1.96).
Premier Foods Plc (LON:PFD) opened at 158.025 on Friday. Premier Foods Plc has a 1-year low of GBX 58.445 and a 1-year high of GBX 166.75. The stock’s 50-day moving average is GBX 125.7 and its 200-day moving average is GBX 87.36. The company’s market cap is £378.9 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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