Premier Foods Plc (LON:PFD) Receives Consensus Recommendation of “Buy” from Brokerages
Premier Foods Plc (LON:PFD) has received an average recommendation of “Buy” from the six ratings firms that are covering the stock. Two analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is GBX 51.75 ($0.69).
A number of equities analysts recently commented on the stock. Jefferies Group reiterated a “buy” rating and issued a GBX 60 ($0.80) target price on shares of Premier Foods Plc in a research report on Thursday, July 7th. Davy Research reiterated an “outperform” rating on shares of Premier Foods Plc in a research report on Wednesday, June 22nd.
Shares of Premier Foods Plc (LON:PFD) opened at 53.25 on Tuesday. The firm’s market cap is GBX 440.00 million. The company has a 50 day moving average of GBX 50.87 and a 200-day moving average of GBX 44.08. Premier Foods Plc has a 12-month low of GBX 29.65 and a 12-month high of GBX 62.00.
In other Premier Foods Plc news, insider McDonald,Andrew sold 170,461 shares of the firm’s stock in a transaction on Monday, August 1st. The shares were sold at an average price of GBX 49 ($0.65), for a total value of £83,525.89 ($111,249.19). Also, insider Darby,Gavin purchased 662,058 shares of the business’s stock in a transaction on Friday, August 5th. The stock was purchased at an average cost of GBX 51 ($0.68) per share, for a total transaction of £337,649.58 ($449,719.74).
Premier Foods Plc Company Profile
Premier Foods plc is a food company. The Company is engaged in the manufacture and distribution of branded and own label food and beverage products. The Company’s segments include Grocery, Sweet Treats and International. The Grocery segment primarily sells savory ambient food products. The Sweet Treats segment sells sweet ambient food products.
Receive News & Ratings for Premier Foods Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Premier Foods Plc and related companies with Analyst Ratings Network's FREE daily email newsletter.