Premium Brands Holdings Co. (OTCMKTS:PRBZF) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Premium Brands Holdings Co. (OTCMKTS:PRBZF) have been assigned a consensus recommendation of “Moderate Buy” from the six research firms that are currently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating on the company.

A number of equities research analysts recently commented on the company. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Premium Brands in a research note on Friday. BMO Capital Markets restated an “outperform” rating on shares of Premium Brands in a report on Friday. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Premium Brands in a report on Friday. Finally, Scotiabank reaffirmed an “outperform” rating on shares of Premium Brands in a research note on Friday.

Premium Brands Price Performance

PRBZF traded down $1.24 during trading on Friday, reaching $64.14. 533 shares of the company’s stock were exchanged, compared to its average volume of 17,751. The company’s fifty day moving average price is $65.27 and its 200-day moving average price is $68.80. Premium Brands has a fifty-two week low of $57.13 and a fifty-two week high of $77.81.

Premium Brands Company Profile

Premium Brands Holdings Corp is a Canadian specialty food manufacturing and distribution company that develops, produces and markets a broad array of premium branded and private-label food products. The company serves retail, foodservice and take-home meal customers, offering a diverse portfolio that includes deli meats, fresh and frozen sandwiches, baked goods, seafood, plant-based proteins and artisanal cheeses. Premium Brands focuses on high-growth, value-added segments of the food industry where quality, convenience and innovation drive customer loyalty.

Through a strategy of organic development and targeted acquisitions, Premium Brands has assembled a network of production facilities and distribution centres across North America and selected international markets.