Premium Brands Holdings Co. (TSE:PBH) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Premium Brands Holdings Co. (TSE:PBH) have received an average recommendation of “Moderate Buy” from the eight brokerages that are currently covering the firm, MarketBeat.com reports. Three analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year target price among brokerages that have covered the stock in the last year is C$101.67.

Several research analysts have recently issued reports on the stock. Raymond James set a C$100.00 price objective on shares of Premium Brands and gave the stock an “outperform” rating in a report on Thursday, December 19th. National Bankshares reduced their price target on shares of 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.

Premium Brands Stock Performance

Shares of PBH opened at C$76.48 on Friday. The company has a market capitalization of C$3.41 billion, a PE ratio of 34.05, a price-to-earnings-growth ratio of 1.10 and a beta of 0.98. Premium Brands has a one year low of C$74.00 and a one year high of C$97.10. 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 company’s fifty day moving average price is C$78.10 and its 200 day moving average price is C$83.40.

About Premium Brands

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.