Shore Capital Reaffirms “House Stock” Rating for Premier Foods (LON:PFD)

Premier Foods (LON:PFD)‘s stock had its “house stock” rating reissued by equities researchers at Shore Capital in a research report issued on Wednesday, MarketBeat Ratings reports.

Several other equities research analysts have also recently weighed in on PFD. Peel Hunt reiterated a “buy” rating and set a GBX 230 price objective on shares of Premier Foods in a research report on Thursday, November 13th. Berenberg Bank upped their price objective on shares of Premier Foods from GBX 270 to GBX 280 and gave the company a “buy” rating in a report on Friday, November 14th. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Premier Foods presently has a consensus rating of “Buy” and an average price target of GBX 245.

Premier Foods Price Performance

Shares of PFD opened at GBX 182.89 on Wednesday. The business has a 50-day moving average of GBX 173.77 and a 200-day moving average of GBX 182.53. The company has a debt-to-equity ratio of 25.47, a current ratio of 1.14 and a quick ratio of 0.41. The company has a market capitalization of £1.58 billion, a price-to-earnings ratio of 12.27, a price-to-earnings-growth ratio of 1.44 and a beta of 1.08. Premier Foods has a 1 year low of GBX 165.20 and a 1 year high of GBX 216.50.

Premier Foods (LON:PFD) last announced its earnings results on Thursday, November 13th. The company reported GBX 5.40 EPS for the quarter. Premier Foods had a return on equity of 8.49% and a net margin of 9.89%. As a group, equities research analysts anticipate that Premier Foods will post 13.2607117 earnings per share for the current year.

Key Premier Foods News

Here are the key news stories impacting Premier Foods this week:

• Positive Sentiment: Company says Christmas trading was strong and it has lifted its full‑year profit outlook — this directly supports earnings expectations and is the primary driver of the stock move. Premier Foods lifts FY profit outlook
• Positive Sentiment: Q3 results beat expectations and management now sees full‑year profit at the top end of prior guidance — underpins upward earnings revisions and lowers near‑term forecast risk. Premier Foods Q3 beats expectations
• Positive Sentiment: Berenberg reaffirmed a “buy” and set a GBX 280 price target — this is materially above the current share price and may attract buyers seeking upside. Berenberg rating (Digital Look)
• Positive Sentiment: Jefferies also reaffirmed a “buy” with a GBX 230 target — another broker endorsement that reinforces bullish sentiment and provides follow‑through demand. Jefferies rating (Digital Look)
• Neutral Sentiment: Shore Capital maintained its “house stock” rating — a neutral/steady endorsement that neither adds major upside nor signals concern. Shore Capital rating (Digital Look)
• Neutral Sentiment: Round‑up market coverage cites Premier Foods among movers in UK market commentary — useful context but not new company‑specific information. UK stock market news (Yahoo)

Premier Foods Company Profile

Premier Foods plc, together with its subsidiaries, manufactures and distributes branded and own label food products in the United Kingdom, other European countries, and internationally. The company operates through Grocery, Sweet Treats, and international segments. It offers a portfolio of product categories, including flavorings and seasonings under the Bisto, OXO, Paxo, and Saxa brands; cooking sauces and accompaniments under the Sharwood's, Loyd Grossman, Spice Tailor and Homepride brands; quick meals, snacks, and soups under the Batchelors and Smash brands; ambient desserts under the Ambrosia, Bird's, and Angel Delight brands; and ambient cakes under the Mr Kipling and Cadbury brands.