Premier Foods Plc Given Average Rating of “Hold” by Analysts (LON:PFD)
Premier Foods Plc (LON:PFD) has been given an average recommendation of “Hold” by the ten ratings firms that are currently covering the stock, AnalystRatingsNetwork.com reports. Two analysts have rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is GBX 132.50 ($2.20).
Shares of Premier Foods Plc (LON:PFD) traded down 0.89% during mid-day trading on Tuesday, hitting GBX 139.75. The stock had a trading volume of 98,214 shares. Premier Foods Plc has a one year low of GBX 58.445 and a one year high of GBX 186.00. The stock’s 50-day moving average is GBX 138.2 and its 200-day moving average is GBX 138.4. The company’s market cap is £335.1 million.
PFD has been the subject of a number of recent research reports. Analysts at Investec downgraded shares of Premier Foods Plc to a “hold” rating in a research note on Thursday, January 30th. Separately, analysts at Societe Generale upgraded shares of Premier Foods Plc to a “hold” rating in a research note on Thursday, January 30th. They now have a GBX 150 ($2.49) price target on the stock, up previously from GBX 80 ($1.33).
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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