Premium Brands Holdings Corp (PBH) Receives Consensus Rating of “Hold” from Analysts
Premium Brands Holdings Corp (TSE:PBH) has been given an average rating of “Hold” by the seven analysts that are currently covering the stock, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year price target among analysts that have covered the stock in the last year is C$89.29.
PBH has been the subject of a number of recent research reports. TD Securities downgraded shares of Premium Brands Holdings Corp from an “action list buy” rating to a “hold” rating and set a C$90.00 price target for the company. in a research note on Tuesday, April 4th. BMO Capital Markets boosted their price target on shares of Premium Brands Holdings Corp from C$83.00 to C$95.00 in a research note on Tuesday, May 16th. National Bank Financial boosted their price target on shares of Premium Brands Holdings Corp from C$100.00 to C$105.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 16th. Royal Bank of Canada boosted their price target on shares of Premium Brands Holdings Corp from C$78.00 to C$86.00 and gave the stock an “outperform” rating in a research note on Friday, March 17th. Finally, Scotiabank boosted their price target on shares of Premium Brands Holdings Corp from C$78.00 to C$90.00 and gave the stock a “sector perform” rating in a research note on Tuesday, May 16th.
Shares of Premium Brands Holdings Corp (PBH) traded down 1.59% during mid-day trading on Tuesday, reaching $91.48. 229,097 shares of the company were exchanged. The firm has a 50-day moving average price of $90.67 and a 200 day moving average price of $77.22. Premium Brands Holdings Corp has a 12 month low of $51.00 and a 12 month high of $96.68. The stock has a market capitalization of $2.73 billion and a P/E ratio of 36.14.
TRADEMARK VIOLATION NOTICE: This article was posted by American Banking News and is the property of of American Banking News. If you are reading this article on another site, it was illegally copied and republished in violation of U.S. and international copyright & trademark laws. The original version of this article can be viewed at https://www.americanbankingnews.com/2017/06/16/premium-brands-holdings-corp-pbh-receives-consensus-rating-of-hold-from-analysts.html.
Premium Brands Holdings Corp Company Profile
Premium Brands Holdings Corp is a Canada-based company that, through its subsidiaries, owns a range of specialty food manufacturing and food distribution businesses. The Company’s segments include Specialty Foods and Premium Food Distribution. Its family of brands and businesses include Conte Foods, Larosa Foods, McSweeney’s, Direct Plus, OvenPride and Island City Baking.
Receive News & Ratings for Premium Brands Holdings Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Premium Brands Holdings Corp and related companies with MarketBeat.com's FREE daily email newsletter.