Analysts Set Premium Brands Holdings Co. (TSE:PBH) Price Target at C$101.90

Shares of Premium Brands Holdings Co. (TSE:PBH - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the ten analysts that are presently covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation, five have given a buy recommendation and two have given a strong buy recommendation to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is C$101.90.

Several brokerages recently issued reports on PBH. Scotiabank increased their price target on shares of Premium Brands from C$88.00 to C$91.00 and gave the stock a "sector perform" rating in a research note on Thursday, May 8th. CIBC decreased their price target on shares of Premium Brands from C$98.00 to C$95.00 and set an "outperform" rating for the company in a research note on Thursday, May 8th. National Bankshares increased their price target on shares of Premium Brands from C$96.00 to C$97.00 and gave the stock a "sector perform" rating in a research note on Thursday, May 8th. Ventum Financial increased their price target on shares of Premium Brands from C$109.00 to C$120.00 and gave the stock a "buy" rating in a research note on Monday, March 24th. Finally, Desjardins increased their price target on shares of Premium Brands from C$93.00 to C$98.00 in a research note on Friday, May 9th.

Premium Brands Trading Down 0.0%

TSE PBH traded down C$0.04 during trading on Monday, hitting C$80.35. The company had a trading volume of 76,184 shares, compared to its average volume of 97,005. The company has a current ratio of 1.51, a quick ratio of 1.16 and a debt-to-equity ratio of 163.00. Premium Brands has a one year low of C$72.57 and a one year high of C$97.10. The company has a market cap of C$3.58 billion, a price-to-earnings ratio of 35.77, a price-to-earnings-growth ratio of 1.10 and a beta of 0.98. The company's fifty day moving average is C$80.09 and its 200-day moving average is C$78.75.

Insider Buying and Selling at Premium Brands

In other Premium Brands news, Senior Officer William Dion Kalutycz sold 8,000 shares of the firm's stock in a transaction dated Tuesday, May 27th. The shares were sold at an average price of C$81.57, for a total transaction of C$652,575.20. 2.01% of the stock is owned by company insiders.

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.