Premier Foods (LON:PFD) Insider Alex Whitehouse Acquires 3,751 Shares of Stock

Premier Foods plc (LON:PFD) insider Alex Whitehouse bought 3,751 shares of the stock in a transaction dated Monday, February 2nd. The shares were acquired at an average cost of GBX 85 per share, for a total transaction of £3,188.35.

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

• On Tuesday, January 27th, Alex Whitehouse sold 473,186 shares of Premier Foods stock. The stock was sold at an average price of GBX 186, for a total transaction of £880,125.96.

Premier Foods Stock Performance

LON PFD opened at GBX 191.56 on Tuesday. The firm’s 50 day simple moving average is GBX 175.71 and its 200 day simple moving average is GBX 182.13. The firm has a market capitalization of £1.65 billion, a price-to-earnings ratio of 12.86, a P/E/G ratio of 1.44 and a beta of 1.08. The company has a current ratio of 1.14, a quick ratio of 0.41 and a debt-to-equity ratio of 25.47. Premier Foods plc has a 1 year low of GBX 165.20 and a 1 year high of GBX 216.50.

Premier Foods (LON:PFD) last released its earnings results on Thursday, November 13th. The company reported GBX 5.40 earnings per share for the quarter. Premier Foods had a return on equity of 8.49% and a net margin of 9.89%. As a group, research analysts expect that Premier Foods plc will post 13.2607117 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. Peel Hunt reaffirmed a “buy” rating and set a GBX 230 target price on shares of Premier Foods in a research note on Thursday, November 13th. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 230 target price on shares of Premier Foods in a research note on Thursday, January 22nd. Berenberg Bank reiterated a “buy” rating and set a GBX 280 target price on shares of Premier Foods in a research report on Thursday, January 22nd. Finally, Shore Capital reiterated a “house stock” rating on shares of Premier Foods in a report on Wednesday, January 21st. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Premier Foods currently has a consensus rating of “Buy” and a consensus target price of GBX 245.

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.