Brokerages Set Premium Brands Holdings Co. (OTCMKTS:PRBZF) Price Target at $146.33

Premium Brands Holdings Co. (OTCMKTS:PRBZF) has earned an average recommendation of “Buy” from the nine analysts that are currently covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $146.33.

PRBZF has been the subject of several research analyst reports. CIBC raised their target price on shares of Premium Brands from C$129.00 to C$135.00 and gave the company a “neutral” rating in a research note on Monday, November 8th. Royal Bank of Canada raised their target price on shares of Premium Brands from C$123.00 to C$126.00 and gave the company a “sector perform” rating in a research note on Friday, November 5th. National Bank Financial raised their target price on shares of Premium Brands from C$141.00 to C$148.00 and gave the company an “outperform” rating in a research note on Monday, October 18th. BMO Capital Markets raised their target price on shares of Premium Brands from C$149.00 to C$156.00 and gave the company an “outperform” rating in a research note on Friday, November 5th. Finally, TD Securities raised their target price on shares of Premium Brands from C$150.00 to C$160.00 and gave the company a “buy” rating in a research note on Friday, November 5th.

Shares of PRBZF stock remained flat at $$97.87 on Friday. The firm’s 50-day moving average is $101.36 and its 200-day moving average is $103.20. Premium Brands has a fifty-two week low of $79.82 and a fifty-two week high of $109.37.

About Premium Brands

Premium Brands Holdings Corp. engages in the manufacture and distribution of a variety of specialty food products. It operates through the Specialty Foods and Premium Food Distribution segments. The Specialty Foods segment includes the specialty food manufacturing businesses. The Premium Food Distribution segment is comprised of the differentiated distribution and wholesale businesses, and certain seafood processing businesses.

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Analyst Recommendations for Premium Brands (OTCMKTS:PRBZF)

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