Premium Brands (PRBZF) Projected to Post Earnings on Thursday
by Renee Jackson · The Cerbat GemPremium Brands (OTCMKTS:PRBZF – Get Free Report) is expected to announce its results before the market opens on Thursday, August 6th. Analysts expect the company to announce earnings of $1.10 per share and revenue of $1.6707 billion for the quarter.
Premium Brands Stock Down 1.2%
OTCMKTS PRBZF traded down $0.85 during trading on Tuesday, hitting $67.15. 13,011 shares of the company’s stock were exchanged, compared to its average volume of 18,245. Premium Brands has a fifty-two week low of $58.37 and a fifty-two week high of $77.81. The stock’s 50 day moving average price is $62.97 and its two-hundred day moving average price is $65.98.
Analyst Ratings Changes
PRBZF has been the topic of several research reports. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Premium Brands in a report on Friday, May 8th. Royal Bank Of Canada restated an “outperform” rating on shares of Premium Brands in a research report on Friday, May 8th. Scotiabank reaffirmed an “outperform” rating on shares of Premium Brands in a research note on Friday, May 8th. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Premium Brands in a report on Friday, May 8th. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.
Read Our Latest Research Report on PRBZF
About Premium Brands
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.