Premium Brands Holdings Co. (OTCMKTS:PRBZF) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Premium Brands Holdings Co. (OTCMKTS:PRBZF) has been given a consensus recommendation of “Moderate Buy” by the six research firms that are presently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company.

A number of research firms recently weighed in on PRBZF. Scotiabank restated an “outperform” rating on shares of Premium Brands in a report on Friday, May 8th. Royal Bank Of Canada reissued an “outperform” rating on shares of Premium Brands in a report on Friday, May 8th. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Premium Brands in a research note on Friday, May 8th. Finally, BMO Capital Markets restated an “outperform” rating on shares of Premium Brands in a report on Friday, May 8th.

Premium Brands Stock Down 0.9%

Premium Brands stock opened at $64.04 on Wednesday. The firm’s fifty day moving average price is $62.88 and its two-hundred day moving average price is $66.50. Premium Brands has a 1-year low of $58.37 and a 1-year high of $77.81.

About Premium Brands

Premium Brands Holdings Corp is a Canadian specialty food manufacturing and distribution company that develops, produces and markets a broad array of premium branded and private-label food products. The company serves retail, foodservice and take-home meal customers, offering a diverse portfolio that includes deli meats, fresh and frozen sandwiches, baked goods, seafood, plant-based proteins and artisanal cheeses. Premium Brands focuses on high-growth, value-added segments of the food industry where quality, convenience and innovation drive customer loyalty.

Through a strategy of organic development and targeted acquisitions, Premium Brands has assembled a network of production facilities and distribution centres across North America and selected international markets.