Premium Brands Holdings Co. (PBH.TO) – What Are Analysts Thinking About This Stock?

Premium Brands Holdings Co. (TSE:PBH) has been assigned an average rating of “Buy” from the fourteen analysts that are currently covering the firm, MarketBeat reports. One analyst has rated the stock with a hold recommendation, twelve have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is C$115.25.

A number of brokerages recently commented on PBH. TD dropped their price objective on shares of Premium Brands from C$140.00 to C$130.00 and set a “buy” rating on the stock in a report on Friday, August 7th. Ventum dropped their target price on Premium Brands from C$128.00 to C$127.00 and set a “buy” rating on the stock in a research report on Friday, August 7th. Desjardins lowered their price target on shares of Premium Brands from C$120.00 to C$110.00 and set a “buy” rating on the stock in a research note on Friday, August 7th. National Bank Financial cut their price target on shares of Premium Brands from C$98.00 to C$93.00 and set a “sector perform” rating on the stock in a research report on Friday, October 23rd. Finally, Stifel Nicolaus reduced their price objective on shares of Premium Brands from C$117.00 to C$105.00 and set a “buy” rating for the company in a research note on Friday, August 7th.

Premium Brands Stock Down 0.2%

Premium Brands stock opened at C$77.16 on Thursday. The company’s 50 day simple moving average is C$73.92 and its 200 day simple moving average is C$85.62. Premium Brands has a fifty-two week low of C$69.10 and a fifty-two week high of C$106.79. The firm has a market capitalization of C$4.01 billion, a price-to-earnings ratio of 31.88, a PEG ratio of 1.10 and a beta of 0.83. The company has a debt-to-equity ratio of 148.54, a current ratio of 1.26 and a quick ratio of 1.16.

Premium Brands (TSE:PBH) last issued its earnings results on Thursday, November 5th. The company reported C$1.38 EPS for the quarter. The firm had revenue of C$2.38 billion during the quarter. Premium Brands had a net margin of 1.42% and a return on equity of 5.71%. As a group, sell-side analysts anticipate that Premium Brands will post 6.04 EPS for the current year.

Premium Brands Company Profile

Premium Brands owns a broad range of leading specialty food manufacturing and differentiated food distribution businesses with operations across Canada and the United States.