Premium Brands Holdings Corp (PBH) Given New C$63.00 Price Target at Canaccord Genuity
Premium Brands Holdings Corp (TSE:PBH) had its target price increased by Canaccord Genuity from C$57.00 to C$63.00 in a research report sent to investors on Thursday. They currently have a hold rating on the stock.
PBH has been the topic of several other reports. Scotiabank boosted their price target on Premium Brands Holdings Corp from C$53.00 to C$59.00 and gave the company a sector perform rating in a research note on Friday, July 8th. TD Securities boosted their price target on Premium Brands Holdings Corp from C$69.00 to C$75.00 and gave the company an action list buy rating in a research note on Friday, July 8th. Finally, BMO Capital Markets boosted their price target on Premium Brands Holdings Corp from C$60.00 to C$64.00 and gave the company a market perform rating in a research note on Wednesday, August 10th. Three equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of Buy and a consensus price target of C$64.33.
Shares of Premium Brands Holdings Corp (TSE:PBH) traded up 0.62% during mid-day trading on Thursday, reaching $64.73. The company’s stock had a trading volume of 33,368 shares. The company has a 50 day moving average of $62.52 and a 200-day moving average of $57.70. The firm has a market capitalization of $1.93 billion and a P/E ratio of 37.55. Premium Brands Holdings Corp has a 12 month low of $33.50 and a 12 month high of $65.05.
Premium Brands Holdings Corp Company Profile
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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