Royal Bank Of Canada Boosts Premium Brands Holdings Corp (PBH) Price Target to C$118.00
Premium Brands Holdings Corp (TSE:PBH) had its price objective lifted by Royal Bank Of Canada from C$111.00 to C$118.00 in a research report sent to investors on Thursday. Royal Bank Of Canada currently has an outperform rating on the stock.
A number of other equities research analysts have also issued reports on PBH. BMO Capital Markets reissued a market perform rating and issued a C$106.00 target price on shares of Premium Brands in a research report on Tuesday, August 15th. National Bank Financial lifted their target price on Premium Brands from C$105.00 to C$110.00 and gave the company an outperform rating in a research report on Tuesday, August 15th. Pi Financial lifted their target price on Premium Brands from C$112.00 to C$115.00 and gave the company a buy rating in a research report on Thursday. Scotiabank lifted their target price on Premium Brands from C$88.00 to C$93.00 and gave the company a sector perform rating in a research report on Tuesday, August 15th. Finally, TD Securities raised Premium Brands from a buy rating to an action list buy rating and lowered their price target for the stock from C$122.00 to C$120.00 in a research report on Wednesday, November 15th. Two investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of Buy and an average price target of C$108.21.
Shares of Premium Brands (TSE PBH) opened at C$109.05 on Thursday. Premium Brands has a 1 year low of C$63.16 and a 1 year high of C$110.28.
The business also recently declared a quarterly dividend, which will be paid on Monday, January 15th. Shareholders of record on Friday, December 29th will be given a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a dividend yield of 1.54%. The ex-dividend date of this dividend is Thursday, December 28th. Premium Brands’s dividend payout ratio (DPR) is 58.99%.
ILLEGAL ACTIVITY NOTICE: “Royal Bank Of Canada Boosts Premium Brands Holdings Corp (PBH) Price Target to C$118.00” was first reported by Watch List News and is owned by of Watch List News. If you are accessing this piece of content on another publication, it was illegally copied and reposted in violation of US & international copyright and trademark laws. The legal version of this piece of content can be viewed at https://www.watchlistnews.com/royal-bank-of-canada-boosts-premium-brands-holdings-corp-pbh-price-target-to-c118-00/1726581.html.
Premium Brands Company Profile
Premium Brands Holdings Corporation manufactures and distributes food products in Canada and the United States. It operates through two segments, Specialty Foods and Premium Food Distribution. The company provides premium and natural processed meat products, specialty deli products, meat snacks, beef jerky and halal products, sandwiches, pastries, specialty and gourmet products, salads and kettle products, entres, panini products, wraps, subs, hamburgers, burgers, muffins, breads, specialty pastas, and sushi products.
Receive News & Ratings for Premium Brands Holdings Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Premium Brands Holdings Corp and related companies with Analyst Ratings Network's FREE daily email newsletter.