Insider Buying: Premier Foods (LON:PFD) Insider Acquires 5,156 Shares of Stock

Premier Foods plc (LON:PFDGet Free Report) insider Malcolm Waugh purchased 5,156 shares of the stock in a transaction dated Friday, July 17th. The stock was purchased at an average price of GBX 193 per share, with a total value of £9,951.08.

Premier Foods Stock Performance

PFD traded down GBX 2.55 during trading hours on Friday, hitting GBX 191.15. 522,230 shares of the stock were exchanged, compared to its average volume of 14,977,047. The stock has a market cap of £1.65 billion, a price-to-earnings ratio of 12.33, a price-to-earnings-growth ratio of 1.44 and a beta of 0.60. The stock has a 50-day simple moving average of GBX 201.99 and a 200-day simple moving average of GBX 192.76. The company has a debt-to-equity ratio of 24.06, a current ratio of 0.75 and a quick ratio of 0.41. Premier Foods plc has a 12 month low of GBX 165.20 and a 12 month high of GBX 211.60.

Premier Foods (LON:PFDGet Free Report) last issued its earnings results on Thursday, May 14th. The company reported GBX 15.80 earnings per share for the quarter. Premier Foods had a net margin of 11.62% and a return on equity of 9.74%. The company had revenue of GBX 117.55 billion for the quarter. Analysts anticipate that Premier Foods plc will post 13.2607117 earnings per share for the current year.

Analyst Upgrades and Downgrades

PFD has been the subject of several recent research reports. Royal Bank Of Canada lowered their target price on Premier Foods from GBX 230 to GBX 220 and set a “sector perform” rating for the company in a report on Friday. Shore Capital Group reissued a “house stock” rating on shares of Premier Foods in a report on Thursday. Deutsche Bank Aktiengesellschaft boosted their price objective on Premier Foods from GBX 240 to GBX 250 and gave the company a “buy” rating in a research report on Friday, May 15th. Finally, Jefferies Financial Group restated a “buy” rating and set a GBX 230 price objective on shares of Premier Foods in a research note on Friday, May 15th. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of GBX 242.

View Our Latest Stock Analysis on PFD

Premier Foods Company Profile

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Premier Foods (LON:PFD)

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