Gavin Darby Buys 377,855 Shares of Premier Foods Plc (PFD) Stock
Premier Foods Plc (LON:PFD) insider Gavin Darby acquired 377,855 shares of the business’s stock in a transaction that occurred on Tuesday, August 22nd. The stock was purchased at an average cost of GBX 40 ($0.52) per share, with a total value of £151,142 ($196,211.87).
Premier Foods Plc (PFD) traded up 0.63% during mid-day trading on Wednesday, reaching GBX 39.75. The company’s stock had a trading volume of 163,558 shares. The stock has a 50-day moving average price of GBX 39.70 and a 200-day moving average price of GBX 41.29. Premier Foods Plc has a one year low of GBX 38.00 and a one year high of GBX 57.00. The company’s market capitalization is GBX 330.89 million.
PFD has been the subject of several research analyst reports. Shore Capital reaffirmed a “sell” rating on shares of Premier Foods Plc in a report on Monday, May 8th. Investec reaffirmed a “hold” rating and issued a GBX 48 ($0.62) price objective on shares of Premier Foods Plc in a report on Thursday, May 25th. Jefferies Group LLC lifted their price objective on Premier Foods Plc from GBX 43 ($0.56) to GBX 46 ($0.60) and gave the stock a “hold” rating in a report on Monday, July 10th. Finally, Credit Suisse Group reaffirmed a “neutral” rating and issued a GBX 43 ($0.56) price objective on shares of Premier Foods Plc in a report on Thursday, July 20th.
About Premier Foods Plc
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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