Premier Foods’ (PFD) “Buy” Rating Reiterated at Peel Hunt

Peel Hunt restated their buy rating on shares of Premier Foods (LON:PFD) in a research note issued to investors on Tuesday, ThisIsMoney.Co.Uk reports.

PFD has been the subject of several other research reports. Jefferies Financial Group upped their target price on shares of Premier Foods from GBX 43 ($0.57) to GBX 52 ($0.68) and gave the stock a buy rating in a report on Friday, November 22nd. Shore Capital reaffirmed a hold rating on shares of Premier Foods in a report on Tuesday, November 12th.

Shares of Premier Foods stock opened at GBX 37.70 ($0.50) on Tuesday. The company has a market capitalization of $319.19 million and a P/E ratio of -15.08. The company has a debt-to-equity ratio of 45.46, a quick ratio of 0.46 and a current ratio of 0.82. The company has a fifty day moving average of GBX 36.63 and a 200 day moving average of GBX 34.64. Premier Foods has a fifty-two week low of GBX 29.45 ($0.39) and a fifty-two week high of GBX 41.71 ($0.55).

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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