Premier Foods plc (LON:PFD) Insider Alex Whitehouse Sells 367,652 Shares of Stock

Premier Foods plc (LON:PFD) insider Alex Whitehouse sold 367,652 shares of Premier Foods stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of GBX 177 ($2.29), for a total value of £650,744.04 ($842,932.69).

Alex Whitehouse also recently made the following trade(s):

• On Tuesday, February 4th, Alex Whitehouse purchased 1,884 shares of Premier Foods stock. The shares were acquired at an average cost of GBX 185 ($2.40) per share, with a total value of £3,485.40 ($4,514.77).

Premier Foods Stock Down 1.2 %

PFD stock opened at GBX 177.40 ($2.30) on Friday. The company has a market cap of £1.53 billion, a price-to-earnings ratio of 13.59, a P/E/G ratio of 1.44 and a beta of 1.08. The company has a quick ratio of 0.41, a current ratio of 1.14 and a debt-to-equity ratio of 25.47. Premier Foods plc has a twelve month low of GBX 140.20 ($1.82) and a twelve month high of GBX 198.40 ($2.57). The business has a 50 day moving average price of GBX 183.58 and a two-hundred day moving average price of GBX 184.76.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on PFD shares. Shore Capital reissued a “house stock” rating on shares of Premier Foods in a research report on Tuesday, January 21st. Berenberg Bank reissued a “buy” rating and set a GBX 240 ($3.11) price target on shares of Premier Foods in a research report on Thursday, January 23rd.

Premier Foods Company Profile

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.