Insider Buying: Premier Foods (LON:PFD) Insider Acquires £3,188.35 in Stock

Premier Foods plc (LON:PFD) insider Alex Whitehouse purchased 3,751 shares of Premier Foods stock in a transaction dated Monday, February 2nd. The stock was bought at an average price of GBX 85 per share, with a total value of £3,188.35.

Alex Whitehouse also recently made the following trade(s):

• On Tuesday, January 27th, Alex Whitehouse sold 473,186 shares of Premier Foods stock. The stock was sold at an average price of GBX 186, for a total transaction of £880,125.96.

Premier Foods Trading Up 1.3%

PFD opened at GBX 193.40 on Friday. The stock has a market capitalization of £1.67 billion, a P/E ratio of 12.98, a P/E/G ratio of 1.44 and a beta of 1.08. The company has a current ratio of 1.14, a quick ratio of 0.41 and a debt-to-equity ratio of 25.47. Premier Foods plc has a 12 month low of GBX 165.20 and a 12 month high of GBX 216.50. The firm’s fifty day simple moving average is GBX 176.66 and its 200 day simple moving average is GBX 182.31.

Premier Foods (LON:PFD) last released its quarterly earnings results on Thursday, November 13th. The company reported GBX 5.40 earnings per share (EPS) for the quarter. Premier Foods had a return on equity of 8.49% and a net margin of 9.89%. As a group, research analysts anticipate that Premier Foods plc will post 13.2607117 EPS for the current fiscal year.

Analyst Ratings Changes

PFD has been the subject of several research reports. Peel Hunt reaffirmed a “buy” rating and set a GBX 230 price target on shares of Premier Foods in a research note on Thursday, November 13th. Jefferies Financial Group restated a “buy” rating and set a GBX 230 target price on shares of Premier Foods in a report on Thursday, January 22nd. Shore Capital reaffirmed a “house stock” rating on shares of Premier Foods in a research report on Wednesday, January 21st. Finally, Berenberg Bank reiterated a “buy” rating and issued a GBX 280 price target on shares of Premier Foods in a research note on Thursday, January 22nd. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Premier Foods currently has an average rating of “Buy” and an average target price of GBX 245.

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. The company operates through Grocery, Sweet Treats, and international segments. It offers a portfolio of product categories, including flavorings and seasonings under the Bisto, OXO, Paxo, and Saxa brands; cooking sauces and accompaniments under the Sharwood's, Loyd Grossman, Spice Tailor and Homepride brands; quick meals, snacks, and soups under the Batchelors and Smash brands; ambient desserts under the Ambrosia, Bird's, and Angel Delight brands; and ambient cakes under the Mr Kipling and Cadbury brands.