Premier Foods Plc Receives “Buy” Rating from Jefferies Group (PFD)
Premier Foods Plc (LON:PFD)‘s stock had its “buy” rating reiterated by analysts at Jefferies Group in a research report issued to clients and investors on Tuesday. They currently have a GBX 90 ($1.54) price target on the stock. Jefferies Group’s target price points to a potential upside of 84.62% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Investec reiterated a “hold” rating on shares of Premier Foods Plc in a research note on Friday, June 27th. They now have a GBX 67 ($1.15) price target on the stock, down previously from GBX 72 ($1.23). Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of Premier Foods Plc in a research note on Wednesday, June 18th. They now have a GBX 90 ($1.54) price target on the stock. Finally, analysts at Shore Capital reiterated a “buy” rating on shares of Premier Foods Plc in a research note on Wednesday, June 18th. They now have a GBX 57.50 ($0.98) price target on the stock. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of GBX 89.50 ($1.53).
Shares of Premier Foods Plc (LON:PFD) traded down 2.99% on Tuesday, hitting GBX 48.75. The stock had a trading volume of 4,839,057 shares. Premier Foods Plc has a 52 week low of GBX 48.50 and a 52 week high of GBX 121.851. The stock has a 50-day moving average of GBX 55.54 and a 200-day moving average of GBX 92.73. The company’s market cap is £116.9 million.
Premier Foods plc is an United Kingdom-based company engaged in food manufacturing, processing and distribution.
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