Premium Brands Holdings Co. (TSE:PBH) Receives C$101.67 Average Price Target from Analysts

Shares of Premium Brands Holdings Co. (TSE:PBH) have been given an average rating of “Moderate Buy” by the seven analysts that are presently covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is C$101.67.

Several research analysts have issued reports on the stock. National Bankshares dropped their target price on shares of Premium Brands from C$99.00 to C$96.00 and set a “sector perform” rating on the stock in a report on Thursday, February 27th. Raymond James set a C$100.00 price target on shares of Premium Brands and gave the company an “outperform” rating in a report on Thursday, December 19th.

Premium Brands Stock Up 0.2 %

Shares of Premium Brands stock opened at C$76.41 on Friday. The company has a debt-to-equity ratio of 163.00, a current ratio of 1.51 and a quick ratio of 1.16. Premium Brands has a 1 year low of C$74.00 and a 1 year high of C$97.10. The firm’s 50-day moving average is C$77.83 and its two-hundred day moving average is C$83.09. The stock has a market cap of C$3.41 billion, a price-to-earnings ratio of 34.01, a PEG ratio of 1.10 and a beta of 0.98.

About Premium Brands

Premium Brands Holdings Corporation, through its subsidiaries, manufactures and distributes food products primarily in Canada and the United States. It operates in two segments, Specialty Foods and Premium Food Distribution. The company provides processed meat, deli products, meat snacks, beef jerky and halal, sandwiches, pastries, specialty and gourmet products, entrees, panini, wraps, subs, hamburgers, burgers, salads and kettle products, muffins, breads, pastas, pizza, and baking and sushi products.