Alex Whitehouse Sells 473,186 Shares of Premier Foods (LON:PFD) Stock

Premier Foods plc (LON:PFD) insider Alex Whitehouse sold 473,186 shares of the stock in a transaction on Tuesday, January 27th. The shares were sold at an average price of GBX 186, for a total value of £880,125.96.

Premier Foods Stock Performance

LON:PFD opened at GBX 187 on Friday. 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 firm has a market cap of £1.61 billion, a PE ratio of 12.55, a P/E/G ratio of 1.44 and a beta of 1.08. The firm has a 50 day simple moving average of GBX 175.15 and a 200-day simple moving average of GBX 182.31. Premier Foods plc 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 earnings per share (EPS) for the quarter. Premier Foods had a net margin of 9.89% and a return on equity of 8.49%. On average, equities analysts expect that Premier Foods plc will post 13.2607117 EPS for the current year.

Analysts Set New Price Targets

Several analysts have commented on the company. Shore Capital restated a “house stock” rating on shares of Premier Foods in a report on Wednesday, January 21st. Jefferies Financial Group restated a “buy” rating and issued a GBX 230 target price on shares of Premier Foods in a report on Thursday, January 22nd. Peel Hunt reaffirmed a “buy” rating and set a GBX 230 price target on shares of Premier Foods in a research note on Thursday, November 13th. Finally, Berenberg Bank reissued a “buy” rating and set a GBX 280 price objective on shares of Premier Foods in a research note on Thursday, January 22nd. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of GBX 245.

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.