Alex Whitehouse Purchases 3,751 Shares of Premier Foods (LON:PFD) Stock

Premier Foods plc (LON:PFD) insider Alex Whitehouse acquired 3,751 shares of the firm’s stock in a transaction on Monday, February 2nd. The shares were bought at an average price of GBX 85 per share, for a total transaction of £3,188.35.

Alex Whitehouse also recently made the following trade(s):

• On Tuesday, January 27th, Alex Whitehouse sold 473,186 shares of Premier Foods stock. The stock was sold at an average price of GBX 186, for a total transaction of £880,125.96.

Premier Foods Trading Up 1.3%

PFD stock opened at GBX 193.40 on Thursday. Premier Foods plc has a twelve month low of GBX 165.20 and a twelve month high of GBX 216.50. The stock has a market capitalization of £1.67 billion, a price-to-earnings ratio of 12.98, a price-to-earnings-growth ratio of 1.44 and a beta of 1.08. The company has a quick ratio of 0.41, a current ratio of 1.14 and a debt-to-equity ratio of 25.47. The firm’s fifty day simple moving average is GBX 176.35 and its two-hundred day simple moving average is GBX 182.23.

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 return on equity of 8.49% and a net margin of 9.89%. As a group, analysts anticipate that Premier Foods plc will post 13.2607117 earnings per share for the current year.

Analysts Set New Price Targets

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

About Premier Foods

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.