Premier Foods plc (LON:PFD) Stock Now Rated “Moderate Buy” by Wall Street Analysts

by · The Markets Daily

Shares of Premier Foods plc (LON:PFD – Get Free Report) have earned an average recommendation of “Moderate Buy” from the five analysts that are currently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating on the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is GBX 242.

A number of research analysts have recently weighed in on the company. Royal Bank Of Canada cut their price target on Premier Foods from GBX 230 to GBX 220 and set a “sector perform” rating on the stock in a research note on Friday, July 17th. Shore Capital Group reissued a “house stock” rating on shares of Premier Foods in a research note on Thursday, July 16th.

Get Our Latest Stock Report on Premier Foods

Premier Foods Stock Up 0.3%

LON PFD opened at GBX 201.80 on Monday. The stock has a fifty day moving average of GBX 194.83 and a 200-day moving average of GBX 196.59. The stock has a market capitalization of £1.74 billion, a P/E ratio of 13.02, a price-to-earnings-growth ratio of 1.44 and a beta of 0.59. Premier Foods has a 52 week low of GBX 165.20 and a 52 week high of GBX 211.60. The company has a debt-to-equity ratio of 24.06, a quick ratio of 0.41 and a current ratio of 0.75.

About Premier Foods

(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.

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