Premier Foods Plc (LON:PFD) Earns “Hold” Rating from Shore Capital

Premier Foods Plc (LON:PFD)‘s stock had its “hold” rating restated by research analysts at Shore Capital in a note issued to investors on Wednesday.

PFD has been the subject of a number of other research reports. Investec reiterated a “hold” rating and set a GBX 48 ($0.63) target price on shares of Premier Foods Plc in a research report on Thursday, May 25th. Jefferies Group LLC increased their target price on shares of Premier Foods Plc from GBX 43 ($0.56) to GBX 46 ($0.60) and gave the stock a “hold” rating in a research report on Monday, July 10th. Finally, Credit Suisse Group reiterated a “neutral” rating and set a GBX 43 ($0.56) target price on shares of Premier Foods Plc in a research report on Thursday, July 20th.

Shares of Premier Foods Plc (PFD) opened at 39.75 on Wednesday. The firm has a 50-day moving average of GBX 39.80 and a 200 day moving average of GBX 41.37. The firm’s market cap is GBX 330.89 million. Premier Foods Plc has a 52 week low of GBX 38.00 and a 52 week high of GBX 57.00.

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Premier Foods Plc Company Profile

Premier Foods plc is a food company. The Company is engaged in the manufacture and distribution of branded and own label food and beverage products. The Company’s segments include Grocery, Sweet Treats and International. The Grocery segment primarily sells savory ambient food products. The Sweet Treats segment sells sweet ambient food products.

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