Premium Brands (PRBZF) Set to Release Earnings on Thursday

Premium Brands (OTCMKTS:PRBZF) is anticipated to issue its results before the market opens on Thursday, November 5th. Analysts expect the company to announce earnings of $1.07 per share and revenue of $1.69 billion for the quarter.

Premium Brands Stock Down 0.3%

OTCMKTS:PRBZF opened at $51.89 on Thursday. The company has a 50-day moving average price of $53.45 and a 200-day moving average price of $62.67. Premium Brands has a 12 month low of $48.80 and a 12 month high of $77.81.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on PRBZF shares. Royal Bank Of Canada reissued an “outperform” rating on shares of Premium Brands in a research note on Friday, August 7th. TD Securities reaffirmed a “buy” rating on shares of Premium Brands in a research report on Friday, August 7th. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Premium Brands in a report on Friday, August 7th. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Premium Brands Company Profile

Premium Brands Holdings Corporation is a Canadian food manufacturing and distribution company headquartered in British Columbia. The company produces, processes and distributes a broad range of specialty food products, including fresh and processed meats, deli products, sandwiches, bakery items, seafood and other prepared foods.

Premium Brands operates through a portfolio of food businesses and brands serving retail, foodservice and institutional customers. Its product portfolio includes brands such as Grimm’s Fine Foods, Harvest Meats, Hempler’s Foods, Fletcher’s and Belmont Meats, along with a variety of regional and specialty food operations.