Premium Brands Holdings Co. (OTCMKTS:PRBZF) Given Consensus Rating of “Moderate Buy” by Brokerages

Premium Brands Holdings Co. (OTCMKTS:PRBZF) has been assigned a consensus recommendation of “Moderate Buy” from the six brokerages that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a hold rating and five have issued a buy rating on the company.

PRBZF has been the topic of several research reports. Scotiabank reiterated an “outperform” rating on shares of Premium Brands in a report on Friday, May 8th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Premium Brands in a report on Friday, May 8th. BMO Capital Markets reissued an “outperform” rating on shares of Premium Brands in a report on Friday, May 8th. Finally, Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Premium Brands in a report on Friday, May 8th.

Premium Brands Price Performance

Shares of PRBZF opened at $62.96 on Wednesday. The stock has a 50-day moving average of $62.88 and a two-hundred day moving average of $66.26. Premium Brands has a one year low of $58.37 and a one year high of $77.81.

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.