Premium Brands Holdings Co. (OTCMKTS:PRBZF) has been assigned a consensus rating of “Buy” from the eight analysts that are presently covering the firm, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $115.20.
PRBZF has been the subject of several analyst reports. Royal Bank of Canada lifted their price target on shares of Premium Brands from $97.00 to $103.00 and gave the stock a “sector perform” rating in a research report on Friday, November 6th. National Bank Financial lifted their target price on shares of Premium Brands and gave the stock an “outperform” rating in a report on Wednesday, December 2nd. Scotiabank dropped their target price on shares of Premium Brands from $131.00 to $128.00 and set an “outperform” rating for the company in a research report on Monday, February 1st. CIBC raised their price target on Premium Brands from $103.00 to $108.00 and gave the stock a “neutral” rating in a research report on Thursday, December 3rd. Finally, Stifel Nicolaus assumed coverage on Premium Brands in a research note on Thursday, January 7th. They set a “buy” rating for the company.
OTCMKTS:PRBZF remained flat at $$83.03 on Tuesday. Premium Brands has a 12-month low of $43.46 and a 12-month high of $83.03. The company has a fifty day moving average of $81.00 and a 200-day moving average of $76.53.
About Premium Brands
Premium Brands Holdings Corporation, through its subsidiaries, manufactures and distributes food products primarily in Canada and the United States. It operates in two segments, Specialty Foods and Premium Food Distribution. The company provides meat products and snacks, deli products, beef jerky and halal, sandwiches, pastries, specialty and gourmet products, salads and kettle products, entrees, panini, wraps, subs, hamburgers, burgers, muffins, breads, pastas, and baking and sushi products, as well as processed meat products.
Further Reading: Average Daily Trade Volume – What It Means In Stock Trading
Receive News & Ratings for Premium Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Premium Brands and related companies with MarketBeat.com's FREE daily email newsletter.