Premium Brands Holdings Co. (TSE:PBH) Given Average Recommendation of "Buy" by Analysts

Key Points

• Consensus "Buy": Eight analysts rate Premium Brands an average Buy (6 Buy, 1 Hold, 1 Strong Buy) with a one-year price target of C$115.60.
• Shares opened at C$87.02 and trade well below the consensus target—within a 12‑month range of C$72.57–C$106.79—with a market cap of C$4.52 billion and 50/200‑day moving averages near C$98.51/C$96.96.
• Recent quarter showed EPS C$1.29 on C$1.90 billion revenue but thin profitability (net margin 0.54%, ROE 2.38%); valuation and leverage are notable with a P/E of 96.69 and debt‑to‑equity of 206.42, while analysts forecast ~C$6.04 EPS for the year.

Shares of Premium Brands Holdings Co. (TSE:PBH - Get Free Report) have been given an average recommendation of "Buy" by the eight ratings firms that are presently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a hold recommendation, six have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is C$115.60.

PBH has been the topic of a number of research reports. Stifel Nicolaus boosted their target price on shares of Premium Brands from C$106.00 to C$111.00 in a research report on Thursday, December 18th. Desjardins set a C$120.00 target price on shares of Premium Brands and gave the stock a "buy" rating in a report on Friday, March 20th. BMO Capital Markets cut their price objective on Premium Brands from C$125.00 to C$116.00 in a research report on Friday, March 20th. Raymond James Financial dropped their target price on shares of Premium Brands from C$125.00 to C$115.00 and set an "outperform" rating for the company in a research note on Friday, March 20th. Finally, Scotiabank decreased their price target on Premium Brands from C$120.00 to C$100.00 and set an "outperform" rating on the stock in a report on Friday, March 20th.

Premium Brands Stock Down 0.6%

PBH opened at C$87.02 on Wednesday. Premium Brands has a twelve month low of C$72.57 and a twelve month high of C$106.79. The business has a 50 day moving average price of C$98.51 and a 200 day moving average price of C$96.96. The company has a debt-to-equity ratio of 206.42, a quick ratio of 1.16 and a current ratio of 1.23. The firm has a market cap of C$4.52 billion, a P/E ratio of 96.69, a price-to-earnings-growth ratio of 1.10 and a beta of 0.51.

Premium Brands (TSE:PBH - Get Free Report) last announced its earnings results on Thursday, March 19th. The company reported C$1.29 EPS for the quarter. The firm had revenue of C$1.90 billion for the quarter. Premium Brands had a net margin of 0.54% and a return on equity of 2.38%. Research analysts forecast that Premium Brands will post 6.039823 EPS for the current year.

About Premium Brands

Premium Brands Holdings Corp is engaged in specialty food manufacturing, premium food distribution, and wholesale businesses with operations in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, Nevada, and Washington State. The company's business segments include Specialty Foods, Premium Food Distribution, and Corporate. The Specialty Foods segment consists of its specialty food manufacturing businesses, which contributes about two-thirds of the group revenue; the Premium Food Distribution segment consists of the company's distribution and wholesale businesses; the Corporate segment includes the company's head office activities along with its finance and information systems.

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