Ventum Financial Issues Positive Forecast for Premium Brands (TSE:PBH) Stock Price

Premium Brands (TSE:PBH) had its target price upped by Ventum Financial from C$109.00 to C$120.00 in a report issued on Monday morning,BayStreet.CA reports. Ventum Financial currently has a buy rating on the stock.

Several other brokerages have also recently weighed in on PBH. Royal Bank of Canada raised their price target on shares of Premium Brands from C$96.00 to C$97.00 and gave the stock an “outperform” rating in a research note on Thursday, March 20th. BMO Capital Markets increased their target price on shares of Premium Brands from C$94.00 to C$100.00 and gave the stock an “outperform” rating in a report on Monday. Desjardins lowered their price target on shares of Premium Brands from C$95.00 to C$93.00 and set a “buy” rating on the stock in a research note on Monday. Raymond James set a C$100.00 price objective on shares of Premium Brands and gave the stock an “outperform” rating in a research note on Thursday, December 19th. Finally, National Bankshares lowered their target price on Premium Brands from C$99.00 to C$96.00 and set a “sector perform” rating on the stock in a research report on Thursday, February 27th. Two investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of C$102.90.

Premium Brands Stock Up 0.6 %

PBH stock opened at C$79.22 on Monday. The company has a debt-to-equity ratio of 163.00, a current ratio of 1.51 and a quick ratio of 1.16. The stock has a market capitalization of C$3.53 billion, a P/E ratio of 35.27, a P/E/G ratio of 1.10 and a beta of 0.98. Premium Brands has a fifty-two week low of C$74.00 and a fifty-two week high of C$97.10. The business has a 50-day moving average of C$77.77 and a 200-day moving average of C$82.88.

Premium Brands Company Profile

Premium Brands Holdings Corporation, through its subsidiaries, manufactures and distributes food products primarily in Canada and the United States. It operates in two segments, Specialty Foods and Premium Food Distribution. The company provides processed meat, deli products, meat snacks, beef jerky and halal, sandwiches, pastries, specialty and gourmet products, entrees, panini, wraps, subs, hamburgers, burgers, salads and kettle products, muffins, breads, pastas, pizza, and baking and sushi products.