Premium Brands Holdings Corp (TSE:PBH) had its target price boosted by Canaccord Genuity from C$57.00 to C$63.00 in a research note issued to investors on Thursday morning. The brokerage currently has a hold rating on the stock.
Other equities research analysts have also issued research reports about the stock. TD Securities reissued an action list buy rating and set a C$75.00 price objective on shares of Premium Brands Holdings Corp in a research note on Wednesday, August 10th. BMO Capital Markets boosted their price objective on shares of Premium Brands Holdings Corp from C$60.00 to C$64.00 and gave the stock a market perform rating in a research note on Wednesday, August 10th. Finally, Scotiabank boosted their price objective on shares of Premium Brands Holdings Corp from C$59.00 to C$65.00 and gave the stock a sector perform rating in a research note on Wednesday, August 10th. Three research analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. Premium Brands Holdings Corp has a consensus rating of Buy and an average price target of C$66.17.
Premium Brands Holdings Corp (TSE:PBH) opened at 65.76 on Thursday. The stock’s 50 day moving average is $62.70 and its 200-day moving average is $57.93. The company has a market capitalization of $1.96 billion and a P/E ratio of 38.14. Premium Brands Holdings Corp has a 52-week low of $34.02 and a 52-week high of $66.17.
About Premium Brands Holdings Corp
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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