Premier Foods Plc’s (PFD) “Hold” Rating Reaffirmed at Investec
Premier Foods Plc (LON:PFD)‘s stock had its “hold” rating reissued by Investec in a research note issued to investors on Thursday. They currently have a GBX 48 ($0.62) price objective on the stock. Investec’s price objective would suggest a potential upside of 17.07% from the stock’s previous close.
Other research analysts have also issued reports about the stock. Credit Suisse Group AG reiterated a “neutral” rating and set a GBX 40 ($0.52) price target on shares of Premier Foods Plc in a research note on Wednesday, January 25th. Shore Capital reiterated a “sell” rating on shares of Premier Foods Plc in a research note on Monday, May 15th. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the stock. Premier Foods Plc presently has a consensus rating of “Hold” and an average price target of GBX 43.67 ($0.57).
Premier Foods Plc (LON:PFD) traded down 0.61% during trading on Thursday, hitting GBX 40.75. The company had a trading volume of 928,274 shares. Premier Foods Plc has a 52-week low of GBX 36.40 and a 52-week high of GBX 57.00. The firm’s 50 day moving average is GBX 43.45 and its 200-day moving average is GBX 43.30. The stock’s market capitalization is GBX 339.22 million.
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Premier Foods Plc Company Profile
Premier Foods plc is a food company. The Company is engaged in the manufacture and distribution of branded and own label food and beverage products. The Company’s segments include Grocery, Sweet Treats and International. The Grocery segment primarily sells savory ambient food products. The Sweet Treats segment sells sweet ambient food products.
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