Premier Foods plc (LON:PFD) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Premier Foods plc (LON:PFDGet Free Report) have been given an average recommendation of “Moderate Buy” by the five ratings firms that are covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is GBX 242.

A number of brokerages have weighed in on PFD. Royal Bank Of Canada dropped their target price on shares of Premier Foods from GBX 230 to GBX 220 and set a “sector perform” rating on the stock in a report on Friday, July 17th. Shore Capital Group reaffirmed a “house stock” rating on shares of Premier Foods in a report on Thursday, July 16th.

View Our Latest Stock Report on PFD

Premier Foods Stock Performance

Premier Foods stock opened at GBX 195.40 on Thursday. The company has a market cap of £1.68 billion, a PE ratio of 12.61, a P/E/G ratio of 1.44 and a beta of 0.59. The company has a fifty day moving average price of GBX 194.36 and a two-hundred day moving average price of GBX 195.85. 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 has a 12 month low of GBX 165.20 and a 12 month high of GBX 211.60.

Insiders Place Their Bets

In other Premier Foods news, insider Malcolm Waugh bought 5,156 shares of the business’s stock in a transaction on Friday, July 17th. The shares were purchased at an average price of GBX 193 per share, with a total value of £9,951.08. 1.68% of the stock is currently owned by company insiders.

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.

See Also

Analyst Recommendations for Premier Foods (LON:PFD)

Receive News & Ratings for Premier Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Premier Foods and related companies with MarketBeat.com's FREE daily email newsletter.