Premier Foods plc (LON:PFD) Insider Sells £650,744.04 in Stock

Premier Foods plc (LON:PFD) insider Alex Whitehouse sold 367,652 shares of the stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of GBX 177 ($2.29), for a total value of £650,744.04 ($841,733.33).

Alex Whitehouse also recently made the following trade(s):

• On Tuesday, February 4th, Alex Whitehouse bought 1,884 shares of Premier Foods stock. The stock was bought at an average price of GBX 185 ($2.39) per share, for a total transaction of £3,485.40 ($4,508.34).

Premier Foods Price Performance

LON PFD opened at GBX 180 ($2.33) on Friday. The stock’s 50-day moving average price is GBX 183.42 and its two-hundred day moving average price is GBX 184.73. The company has a current ratio of 1.14, a quick ratio of 0.41 and a debt-to-equity ratio of 25.47. The company has a market cap of £1.55 billion, a PE ratio of 13.79, a PEG ratio of 1.44 and a beta of 1.08. Premier Foods plc has a 1 year low of GBX 140.20 ($1.81) and a 1 year high of GBX 198.40 ($2.57).

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Berenberg Bank reissued a “buy” rating and set a GBX 240 ($3.10) price target on shares of Premier Foods in a report on Thursday, January 23rd. Shore Capital reissued a “house stock” rating on shares of Premier Foods in a report on Tuesday, January 21st.

Premier Foods Company Profile

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.