Premium Brands Holdings Corp (TSE:PBH) had its price objective lifted by Scotiabank from C$65.00 to C$67.00 in a research report report published on Friday morning. Scotiabank currently has a sector perform rating on the stock.
Several other research analysts have also recently issued reports on PBH. TD Securities upped their price target on Premium Brands Holdings Corp from C$69.00 to C$75.00 and gave the company an action list buy rating in a report on Friday, July 8th. Canaccord Genuity upped their price target on Premium Brands Holdings Corp from C$52.00 to C$54.00 in a report on Friday, July 8th. National Bank Financial upped their price target on Premium Brands Holdings Corp from C$64.00 to C$71.00 and gave the company an outperform rating in a report on Friday. Finally, BMO Capital Markets upped their price target on Premium Brands Holdings Corp from C$60.00 to C$64.00 and gave the company a market perform rating in a report on Wednesday, August 10th. Three investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of Buy and an average price target of C$66.17.
Shares of Premium Brands Holdings Corp (TSE:PBH) traded down 1.24% on Friday, hitting $65.22. The company had a trading volume of 9,177 shares. The company has a market cap of $1.94 billion and a price-to-earnings ratio of 37.83. The company has a 50 day moving average of $62.62 and a 200-day moving average of $57.80. Premium Brands Holdings Corp has a 12-month low of $33.50 and a 12-month high of $66.17.
Premium Brands Holdings Corp Company Profile
Premium Brands Holdings Corporation, through its subsidiaries, owns a range of specialty food manufacturing and premium food distribution and wholesale businesses with operations in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, Nevada, Ohio and Washington State. The Company’s segments include Specialty Foods and Premium Food Distribution, as well as corporate costs (Corporate).
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