Premier Foods Plc Given Average Recommendation of “Buy” by Brokerages (LON:PFD)
Premier Foods Plc (LON:PFD) has received a consensus rating of “Buy” from the nine brokerages that are currently covering the company, AnalystRatings.Net reports. Three research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price target among brokers that have covered the stock in the last year is GBX 95.57 ($1.61).
Shares of Premier Foods Plc (LON:PFD) opened at 59.90 on Wednesday. Premier Foods Plc has a 52 week low of GBX 38.288 and a 52 week high of GBX 121.851. The stock’s 50-day moving average is GBX 59.37 and its 200-day moving average is GBX 110.0. The company’s market cap is £143.7 million.
A number of research firms have recently commented on PFD. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Premier Foods Plc in a research note on Wednesday. They now have a GBX 90 ($1.51) price target on the stock. Separately, analysts at Panmure Gordon reiterated a “buy” rating on shares of Premier Foods Plc in a research note on Friday, May 16th. They now have a GBX 91 ($1.53) price target on the stock. Finally, analysts at Jefferies Group reiterated a “buy” rating on shares of Premier Foods Plc in a research note on Monday, May 12th. They now have a GBX 90 ($1.51) price target on the stock.
Premier Foods plc is an United Kingdom-based company engaged in food manufacturing, processing and distribution.
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