Shares of Premium Brands Holdings Corp (TSE:PBH) have been assigned an average recommendation of “Hold” from the seven research firms that are covering the stock, MarketBeat reports. Five investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is C$89.57.

Several brokerages have commented on PBH. Cormark cut shares of Premium Brands Holdings Corp from a “buy” rating to a “market perform” rating and boosted their price target for the stock from C$76.00 to C$80.00 in a research report on Monday, March 20th. BMO Capital Markets boosted their price target on shares of Premium Brands Holdings Corp from C$70.00 to C$83.00 in a research report on Friday, March 17th. TD Securities boosted their price target on shares of Premium Brands Holdings Corp from C$90.00 to C$92.00 and gave the stock a “hold” rating in a research report on Tuesday, May 16th. Royal Bank of Canada reissued an “outperform” rating and set a C$78.00 price target on shares of Premium Brands Holdings Corp in a research report on Monday, March 13th. Finally, Scotiabank boosted their price target on shares of Premium Brands Holdings Corp from C$67.00 to C$78.00 and gave the stock a “sector perform” rating in a research report on Friday, March 17th.

Premium Brands Holdings Corp (TSE PBH) traded down 0.18% during trading on Monday, reaching $93.58. The company’s stock had a trading volume of 49,334 shares. The company’s 50 day moving average price is $92.61 and its 200 day moving average price is $79.02. The company has a market cap of $2.79 billion and a P/E ratio of 36.97. Premium Brands Holdings Corp has a 52 week low of $55.18 and a 52 week high of $96.68.

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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.

Analyst Recommendations for Premium Brands Holdings Corp (TSE:PBH)

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