Premium Brands (PBH) Stock Forecast & Price Target

C$88.95

-0.67 (-0.75%)

(As of 11/29/2023 ET)

Compare

Today's Range: C$88.71
▼
C$90.03
50-Day Range: C$88.95
▼
C$98.90
52-Week Range: C$80.42
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C$113.60

Volume: 32,733 shs
Average Volume: 44,551 shs
Market Capitalization: C$3.97 billion

P/E Ratio: 36.16
Dividend Yield: 3.46%
Price Target: C$116.33

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines

Premium Brands Consensus Analyst Rating and Stock Price Forecast (2023)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Moderate Buy
Based on 8 Analyst Ratings

Analysts' Consensus Price Target

C$116.33
30.79% Upside

High Forecast	C$135.00
Average Forecast	C$116.33
Low Forecast	C$103.00

Type	Current Forecast 11/30/22 to 11/30/23	1 Month Ago 10/31/22 to 10/31/23	3 Months Ago 9/1/22 to 9/1/23	1 Year Ago 11/30/21 to 11/30/22
Consensus Rating	Moderate Buy	Hold	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	5 Buy rating(s)	3 Buy rating(s)	4 Buy rating(s)	5 Buy rating(s)
Hold	3 Hold rating(s)	4 Hold rating(s)	3 Hold rating(s)	2 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	C$116.33	C$119.63	C$120.13	C$116.56
Predicted Upside	30.79% Upside	24.74% Upside	21.11% Upside	36.15% Upside

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PBH Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

PBH Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Premium Brands Stock vs. The Competition

Type	Premium Brands	Consumer Defensive Companies
Consensus Rating Score	2.63	2.39
Consensus Rating	Moderate Buy	Hold
News Sentiment Rating	Neutral News	Neutral News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
11/15/2023	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy	C$111.00 ➝ C$108.00	+18.03%
11/15/2023	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	C$129.00 ➝ C$125.00	+36.61%
11/15/2023	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	C$124.00 ➝ C$117.00	+27.87%
11/15/2023	Desjardins Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	C$124.00 ➝ C$110.00	+20.22%
11/15/2023	Cormark Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$140.00 ➝ C$130.00	+42.08%
11/15/2023	National Bankshares Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$117.00 ➝ C$109.00	+19.13%
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11/15/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Sector Perform	C$110.00 ➝ C$103.00	+12.57%
8/16/2023	CIBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$114.00 ➝ C$110.00	+6.60%
8/15/2023	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	C$125.00 ➝ C$135.00	+30.25%
8/14/2023	National Bank Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	V. Shreedhar Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform Overweight ➝ Sector Perform Overweight

(Data available from 11/30/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)

PBH Price Target - Frequently Asked Questions

What is Premium Brands's consensus rating and price target?: According to the issued ratings of 8 analysts in the last year, the consensus rating for Premium Brands stock is Moderate Buy based on the current 3 hold ratings and 5 buy ratings for PBH. The average twelve-month price prediction for Premium Brands is C$116.33 with a high price target of C$135.00 and a low price target of C$103.00. Learn more on PBH's analyst rating history.
Do Wall Street analysts like Premium Brands more than its competitors?: Analysts like Premium Brands more than other Consumer Defensive companies. The consensus rating for Premium Brands is Moderate Buy while the average consensus rating for consumer defensive companies is Hold. Learn more on how PBH compares to other companies.
Is Premium Brands being upgraded by Wall Street analysts?: Over the previous 90 days, Premium Brands's stock had 1 upgrade by analysts.

Does Premium Brands's stock price have much upside?: According to analysts, Premium Brands's stock has a predicted upside of 24.48% based on their 12-month stock forecasts.
What analysts cover Premium Brands?: Premium Brands has been rated by BMO Capital Markets, Cormark, Desjardins, National Bankshares, Royal Bank of Canada, Scotiabank, and Stifel Nicolaus in the past 90 days.

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This page (TSE:PBH) was last updated on 11/30/2023 by MarketBeat.com Staff

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