Premier Foods Plc Given “Buy” Rating at Jefferies Group (PFD)
Premier Foods Plc (LON:PFD)‘s stock had its “buy” rating reiterated by investment analysts at Jefferies Group in a note issued to investors on Friday. They currently have a GBX 90 ($1.53) target price on the stock. Jefferies Group’s target price suggests a potential upside of 68.22% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. 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 ($1.53) price target on the stock. Separately, analysts at Shore Capital reiterated a “buy” rating on shares of Premier Foods Plc in a research note on Wednesday. They now have a GBX 57.50 ($0.98) price target on the stock. Finally, analysts at Goldman Sachs upgraded shares of Premier Foods Plc to a “buy” rating in a research note on Wednesday, June 11th. They now have a GBX 90 ($1.53) price target on the stock, up previously from GBX 75 ($1.27). Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Premier Foods Plc presently has a consensus rating of “Buy” and an average price target of GBX 90.06 ($1.53).
Premier Foods Plc (LON:PFD) opened at 53.4375 on Friday. Premier Foods Plc has a 1-year low of GBX 38.288 and a 1-year high of GBX 121.851. The stock has a 50-day moving average of GBX 57.81 and a 200-day moving average of GBX 101.7. The company’s market cap is £128.2 million.
Premier Foods plc is an United Kingdom-based company engaged in food manufacturing, processing and distribution.
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