Premier Foods Plc (PFD) Rating Reiterated by Shore Capital
Premier Foods Plc (LON:PFD)‘s stock had its “hold” rating reaffirmed by investment analysts at Shore Capital in a research report issued on Thursday.
Several other research firms have also recently commented on PFD. Credit Suisse Group reissued a “neutral” rating and set a GBX 43 ($0.56) target price on shares of Premier Foods Plc in a research note on Thursday, July 20th. Jefferies Group LLC boosted their target price on Premier Foods Plc from GBX 43 ($0.56) to GBX 46 ($0.59) and gave the stock a “hold” rating in a research note on Monday, July 10th. Finally, Investec reaffirmed a “hold” rating and set a GBX 48 ($0.62) price objective on shares of Premier Foods Plc in a research report on Thursday, May 25th.
Shares of Premier Foods Plc (LON PFD) opened at 39.75 on Thursday. Premier Foods Plc has a 52 week low of GBX 38.00 and a 52 week high of GBX 57.00. The company’s 50 day moving average price is GBX 39.57 and its 200-day moving average price is GBX 41.30. The stock’s market capitalization is GBX 330.89 million.
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In related news, insider Gavin Darby acquired 377,855 shares of Premier Foods Plc stock in a transaction on Tuesday, August 22nd. The stock was purchased at an average cost of GBX 40 ($0.52) per share, with a total value of £151,142 ($195,475.94).
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.
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