Royal Bank of Canada Lowers Premium Brands (OTCMKTS:PRBZF) to Sector Perform

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Royal Bank of Canada cut shares of Premium Brands (OTCMKTS:PRBZF) from an outperform rating to a sector perform rating in a research report released on Tuesday morning, The Fly reports.

Premium Brands stock opened at $63.42 on Tuesday. Premium Brands has a 1-year low of $52.42 and a 1-year high of $74.25. The business has a fifty day moving average price of $68.71 and a 200-day moving average price of $67.86.

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 meat products and snacks, deli products, beef jerky and halal, sandwiches, pastries, specialty and gourmet products, salads and kettle products, entres, panini, wraps, subs, hamburgers, burgers, muffins, breads, and baking and sushi products.

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