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

Premium Brands Holdings Co. (OTCMKTS:PRBZF) has received an average rating of “Moderate Buy” from the six brokerages that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company.

PRBZF has been the topic of several recent analyst reports. Scotiabank reissued an “outperform” rating on shares of Premium Brands in a report on Friday, May 8th. BMO Capital Markets reissued 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. Finally, Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Premium Brands in a report on Friday, May 8th.

Premium Brands Stock Performance

PRBZF stock opened at $61.91 on Tuesday. Premium Brands has a 1-year low of $57.37 and a 1-year high of $77.81. The business’s 50 day moving average is $62.73 and its 200-day moving average is $68.50.

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.