Premium Brands Holdings Corp (PBH) Stock Rating Upgraded by TD Securities
Premium Brands Holdings Corp (TSE:PBH) was upgraded by analysts at TD Securities from a “buy” rating to an “action list buy” rating in a report issued on Wednesday. The firm presently has a C$120.00 target price on the stock, down from their previous target price of C$122.00. TD Securities’ price target indicates a potential upside of 21.15% from the stock’s previous close.
Other research analysts also recently issued research reports about the company. National Bank Financial raised their price target on Premium Brands Holdings Corp from C$105.00 to C$110.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 15th. Scotiabank raised their price target on Premium Brands Holdings Corp from C$88.00 to C$93.00 and gave the stock a “sector perform” rating in a research note on Tuesday, August 15th. Royal Bank Of Canada dropped their price target on Premium Brands Holdings Corp from C$109.00 to C$11.00 and set an “outperform” rating on the stock in a research note on Tuesday, August 15th. Finally, BMO Capital Markets restated a “market perform” rating and set a C$106.00 price target on shares of Premium Brands Holdings Corp in a research note on Tuesday, August 15th. Two investment analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of C$103.50.
Premium Brands Holdings Corp (TSE:PBH) opened at C$99.05 on Wednesday. Premium Brands Holdings Corp has a 12 month low of C$63.16 and a 12 month high of C$106.00.
About Premium Brands Holdings Corp
Premium Brands Holdings Corp is a Canada-based company that, through its subsidiaries, owns a range of specialty food manufacturing and food distribution businesses. The Company’s segments include Specialty Foods and Premium Food Distribution. Its family of brands and businesses include Conte Foods, Larosa Foods, McSweeney’s, Direct Plus, OvenPride and Island City Baking.
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