Premium Brands Holdings Co. (OTCMKTS:PRBZF) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Premium Brands Holdings Co. (OTCMKTS:PRBZF) have received an average rating of “Moderate Buy” from the six brokerages that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company.

Several equities analysts have recently issued reports on the company. Royal Bank Of Canada reiterated an “outperform” rating on shares of Premium Brands in a research report on Friday, May 8th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Premium Brands in a report on Friday, May 8th. BMO Capital Markets reiterated an “outperform” rating on shares of Premium Brands in a research report on Friday, May 8th. Finally, Scotiabank reaffirmed an “outperform” rating on shares of Premium Brands in a research note on Friday, May 8th.

Premium Brands Price Performance

Shares of OTCMKTS:PRBZF opened at $65.49 on Wednesday. Premium Brands has a 12 month low of $58.37 and a 12 month high of $77.81. The stock’s 50 day moving average price is $62.93 and its 200 day moving average price is $66.15.

About Premium Brands

Premium Brands Holdings Corp is a Canadian specialty food manufacturing and distribution company that develops, produces and markets a broad array of premium branded and private-label food products. The company serves retail, foodservice and take-home meal customers, offering a diverse portfolio that includes deli meats, fresh and frozen sandwiches, baked goods, seafood, plant-based proteins and artisanal cheeses. Premium Brands focuses on high-growth, value-added segments of the food industry where quality, convenience and innovation drive customer loyalty.

Through a strategy of organic development and targeted acquisitions, Premium Brands has assembled a network of production facilities and distribution centres across North America and selected international markets.