Premium Brands Holdings Co. (OTCMKTS:PRBZF) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Premium Brands Holdings Co. (OTCMKTS:PRBZF) have received a consensus rating of “Moderate Buy” from the six research firms that are currently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company.

Several equities research analysts have recently issued reports on PRBZF shares. Royal Bank Of Canada reiterated an “outperform” rating on shares of Premium Brands in a research report on Friday, August 7th. BMO Capital Markets restated an “outperform” rating on shares of Premium Brands in a research report on Friday, August 7th. Scotiabank reaffirmed an “outperform” rating on shares of Premium Brands in a research note on Friday, May 8th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Premium Brands in a report on Friday, May 8th. Finally, TD Securities reiterated a “buy” rating on shares of Premium Brands in a report on Friday, August 7th.

Premium Brands Price Performance

OTCMKTS PRBZF opened at $58.51 on Friday. The stock’s 50 day moving average is $61.87 and its 200 day moving average is $65.02. Premium Brands has a 12 month low of $57.19 and a 12 month high of $77.81.

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.