Brokerages Set Premium Brands Holdings Co. (TSE:PBH) Price Target at C$101.67

Shares of Premium Brands Holdings Co. (TSE:PBH) have been given an average recommendation of “Moderate Buy” by the seven analysts that are currently covering the stock, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is C$101.67.

A number of brokerages have recently commented on PBH. Raymond James set a C$100.00 target price on shares of Premium Brands and gave the company an “outperform” rating in a report on Thursday, December 19th. National Bankshares reduced their target price on shares of Premium Brands from C$99.00 to C$96.00 and set a “sector perform” rating for the company in a report on Thursday, February 27th.

Premium Brands Price Performance

Shares of TSE:PBH opened at C$77.42 on Friday. The company has a 50-day simple moving average of C$77.95 and a 200-day simple moving average of C$83.24. 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 quick ratio of 1.16 and a current ratio of 1.51. The stock has a market capitalization of C$3.45 billion, a price-to-earnings ratio of 34.46, a PEG ratio of 1.10 and a beta of 0.98.

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.