Premier Foods (OTCMKTS:PRRFY) Upgraded at Royal Bank of Canada

Royal Bank of Canada upgraded shares of Premier Foods (OTCMKTS:PRRFY) to a moderate buy rating in a research note published on Monday morning,Zacks.com reports.

Separately, Barclays upgraded shares of Premier Foods to a “strong-buy” rating in a research report on Thursday, October 10th.

Premier Foods Stock Performance

Shares of Premier Foods stock opened at $12.26 on Monday. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.14 and a quick ratio of 0.78. Premier Foods has a 52-week low of $7.89 and a 52-week high of $12.85. The firm has a 50-day moving average of $12.51 and a 200-day moving average of $11.53.

About Premier Foods

Premier Foods plc, together with its subsidiaries, manufactures and distributes branded and own label food products in the United Kingdom, other European countries, and internationally. The company operates through Grocery, Sweet Treats, and international segments. It offers a portfolio of product categories, including flavorings and seasonings under the Bisto, OXO, Paxo, and Saxa brands; cooking sauces and accompaniments under the Sharwood's, Loyd Grossman, Spice Tailor and Homepride brands; quick meals, snacks, and soups under the Batchelors and Smash brands; ambient desserts under the Ambrosia, Bird's, and Angel Delight brands; and ambient cakes under the Mr Kipling and Cadbury brands.