Shares of Premium Brands Holdings Corp (TSE:PBH) have received an average recommendation of “Hold” from the seven brokerages that are presently covering the stock, MarketBeat.com reports. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 1-year price objective among analysts that have covered the stock in the last year is C$89.29.

A number of analysts have commented on PBH shares. Royal Bank Of Canada upped their price target on shares of Premium Brands Holdings Corp from C$86.00 to C$100.00 and gave the company an “outperform” rating in a research report on Tuesday, May 16th. TD Securities upped their price target on shares of Premium Brands Holdings Corp from C$83.00 to C$90.00 and gave the company an “action list buy” rating in a research report on Monday, March 20th. Scotiabank upped their price target on shares of Premium Brands Holdings Corp from C$67.00 to C$78.00 and gave the company a “sector perform” rating in a research report on Friday, March 17th. BMO Capital Markets upped their price target on shares of Premium Brands Holdings Corp from C$70.00 to C$83.00 in a research report on Friday, March 17th. Finally, National Bank Financial upped their price target on shares of Premium Brands Holdings Corp from C$100.00 to C$105.00 and gave the company an “outperform” rating in a research report on Tuesday, May 16th.

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Premium Brands Holdings Corp (TSE:PBH) traded down 1.59% on Tuesday, reaching $91.48. The company’s stock had a trading volume of 229,097 shares. Premium Brands Holdings Corp has a 12 month low of $51.00 and a 12 month high of $96.68. The stock’s 50 day moving average price is $90.88 and its 200 day moving average price is $77.37. The company has a market cap of $2.73 billion and a P/E ratio of 38.44.

About Premium Brands Holdings Corp

Premium Brands Holdings Corp is a Canada-based company that, through its subsidiaries, owns a range of specialty food manufacturing and food distribution businesses. The Company’s segments include Specialty Foods and Premium Food Distribution. Its family of brands and businesses include Conte Foods, Larosa Foods, McSweeney’s, Direct Plus, OvenPride and Island City Baking.

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