Shore Capital Reaffirms “Hold” Rating for Premier Foods (LON:PFD)

Shore Capital reaffirmed their hold rating on shares of Premier Foods (LON:PFD) in a research report released on Wednesday, ThisIsMoney.Co.Uk reports.

Separately, Jefferies Financial Group dropped their price objective on shares of Albemarle from $114.00 to $90.00 and set a buy rating for the company in a research report on Monday, May 20th. They noted that the move was a valuation call.

PFD stock opened at GBX 37.50 ($0.49) on Wednesday. The company has a quick ratio of 0.42, a current ratio of 0.78 and a debt-to-equity ratio of 51.69. The stock has a 50 day moving average of GBX 35.23. Premier Foods has a fifty-two week low of GBX 29.45 ($0.38) and a fifty-two week high of GBX 46.50 ($0.61). The company has a market cap of $317.17 million and a PE ratio of -9.38.

About Premier Foods

Premier Foods plc, together with its subsidiaries, manufactures and distributes branded and own label food products in the United Kingdom, other European countries, and internationally. It operates through Grocery and Sweet Treats segments. The company offers a portfolio of product categories, including flavourings and seasonings under the Bisto, OXO, and Paxo brands; cooking sauces and accompaniments under the Sharwood's, Loyd Grossman, and Homepride brands; and quick meals, snacks, and soups under the Batchelors and Smash brands.

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