Premium Brands (PRBZF) Projected to Post Quarterly Earnings on Thursday

Premium Brands (OTCMKTS:PRBZF) is expected to be posting its results before the market opens on Thursday, March 12th. Analysts expect Premium Brands to post earnings of $1.30 per share and revenue of $1.9246 billion for the quarter.

Premium Brands Price Performance

Shares of PRBZF stock opened at $75.71 on Thursday. The firm’s 50 day moving average price is $73.48 and its two-hundred day moving average price is $70.07. Premium Brands has a 52-week low of $52.79 and a 52-week high of $77.81.

Analysts Set New Price Targets

Several research firms have recently weighed in on PRBZF. TD Securities reiterated a “buy” rating on shares of Premium Brands in a report on Thursday, December 18th. Scotiabank upgraded shares of Premium Brands from a “sector perform” rating to an “outperform” rating in a report on Thursday, December 18th. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of Premium Brands in a research note on Thursday, December 18th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Premium Brands Company Profile

Premium Brands Holdings Corp is a Canadian specialty food manufacturing and distribution company that develops, produces and markets a broad array of premium branded and private-label food products. The company serves retail, foodservice and take-home meal customers, offering a diverse portfolio that includes deli meats, fresh and frozen sandwiches, baked goods, seafood, plant-based proteins and artisanal cheeses. Premium Brands focuses on high-growth, value-added segments of the food industry where quality, convenience and innovation drive customer loyalty.

Through a strategy of organic development and targeted acquisitions, Premium Brands has assembled a network of production facilities and distribution centres across North America and selected international markets.