Premier Foods (LON:PFD) Given House Stock Rating at Shore Capital

Shore Capital restated their house stock rating on shares of Premier Foods (LON:PFD) in a research note issued to investors on Tuesday morning, MarketBeat reports.

Premier Foods Stock Performance

LON PFD opened at GBX 183.60 ($2.26) on Tuesday. Premier Foods has a 1 year low of GBX 133.40 ($1.64) and a 1 year high of GBX 198.40 ($2.45). The company has a debt-to-equity ratio of 25.46, a current ratio of 1.14 and a quick ratio of 0.41. The stock has a market capitalization of £1.58 billion, a PE ratio of 1,412.31, a P/E/G ratio of 1.44 and a beta of 1.08. The company’s 50 day simple moving average is GBX 186.31 and its two-hundred day simple moving average is GBX 180.78.

Premier Foods (LON:PFD) last posted its earnings results on Thursday, November 14th. The company reported GBX 5.30 ($0.07) earnings per share (EPS) for the quarter. Premier Foods had a net margin of 9.89% and a return on equity of 8.23%. Analysts predict that Premier Foods will post 13.2607117 earnings per share for the current fiscal year.

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.