Premier Foods Plc (PFD) Price Target Lowered to GBX 55 at Investec
Premier Foods Plc (LON:PFD) had its price target decreased by Investec from GBX 57 ($0.69) to GBX 55 ($0.67) in a research note issued to investors on Monday. Investec currently has a buy rating on the stock.
Other analysts have also issued research reports about the stock. Jefferies Group restated a buy rating and set a GBX 60 ($0.73) price target on shares of Premier Foods Plc in a research note on Thursday, July 7th. Davy Research restated an outperform rating on shares of Premier Foods Plc in a research note on Wednesday, June 22nd. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Premier Foods Plc presently has an average rating of Buy and an average price target of GBX 52.50 ($0.64).
Shares of Premier Foods Plc (LON:PFD) opened at 47.00 on Monday. The firm’s market cap is GBX 388.36 million. The stock’s 50 day moving average is GBX 52.26 and its 200-day moving average is GBX 46.37. Premier Foods Plc has a 1-year low of GBX 29.65 and a 1-year high of GBX 62.00.
In other news, insider McDonald,Andrew sold 170,461 shares of the company’s stock in a transaction on Monday, August 1st. The shares were sold at an average price of GBX 49 ($0.60), for a total value of £83,525.89 ($101,798.77). Also, insider Darby,Gavin bought 662,058 shares of Premier Foods Plc stock in a transaction dated Friday, August 5th. The stock was purchased at an average price of GBX 51 ($0.62) per share, with a total value of £337,649.58 ($411,516.86).
Premier Foods Plc Company Profile
Premier Foods plc is a food company. The Company is engaged in the manufacture and distribution of branded and own label food and beverage products. The Company’s segments include Grocery, Sweet Treats and International. The Grocery segment primarily sells savory ambient food products. The Sweet Treats segment sells sweet ambient food products.
Receive News & Ratings for Premier Foods Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Premier Foods Plc and related companies with MarketBeat.com's FREE daily email newsletter.