Premium Brands Holdings Co. (TSE:PBH) Receives C$121.64 Consensus PT from Analysts

Shares of Premium Brands Holdings Co. (TSE:PBH) have earned a consensus rating of “Buy” from the nine analysts that are currently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is C$121.64.

A number of equities research analysts have recently issued reports on PBH shares. Raymond James Financial boosted their price objective on Premium Brands from C$115.00 to C$125.00 in a report on Thursday, December 18th. TD Securities boosted their price target on Premium Brands from C$145.00 to C$160.00 in a research note on Thursday, December 18th. Canadian Imperial Bank of Commerce upped their price objective on Premium Brands from C$115.00 to C$120.00 in a report on Thursday, December 18th. Stifel Nicolaus lifted their target price on Premium Brands from C$106.00 to C$111.00 in a report on Thursday, December 18th. Finally, BMO Capital Markets boosted their target price on shares of Premium Brands from C$111.00 to C$125.00 in a research report on Thursday, December 18th.

Premium Brands Trading Up 0.9%

PBH stock opened at C$101.12 on Tuesday. Premium Brands has a one year low of C$72.57 and a one year high of C$103.89. The stock has a market cap of C$4.52 billion, a price-to-earnings ratio of 68.79, a price-to-earnings-growth ratio of 1.10 and a beta of 0.12. The company has a fifty day moving average price of C$99.14 and a two-hundred day moving average price of C$95.47. The company has a debt-to-equity ratio of 163.00, a current ratio of 1.51 and a quick ratio of 1.16.

Premium Brands (TSE:PBH) last posted its earnings results on Monday, November 10th. The company reported C$1.27 earnings per share (EPS) for the quarter. Premium Brands had a net margin of 1.55% and a return on equity of 5.66%. The company had revenue of C$1.99 billion during the quarter. Equities analysts anticipate that Premium Brands will post 6.039823 EPS for the current year.

Premium Brands Company Profile

Premium Brands Holdings Corp is engaged in specialty food manufacturing, premium food distribution, and wholesale businesses with operations in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, Nevada, and Washington State. The company’s business segments include Specialty Foods, Premium Food Distribution, and Corporate. The Specialty Foods segment consists of its specialty food manufacturing businesses, which contributes about two-thirds of the group revenue; the Premium Food Distribution segment consists of the company’s distribution and wholesale businesses; the Corporate segment includes the company’s head office activities along with its finance and information systems.