PREMIER FOODS P/ADR (OTCMKTS:PRRFY) Rating Increased to Buy at Zacks Investment Research

Zacks Investment Research upgraded shares of PREMIER FOODS P/ADR (OTCMKTS:PRRFY) from a sell rating to a buy rating in a report published on Wednesday, Zacks.com reports. Zacks Investment Research currently has $2.50 price target on the stock.

According to Zacks, “Premier Foods plc, along with its subsidiaries, is engaged in the manufacturing, processing, and distribution of food and beverage products in the United Kingdom and other European countries. The Company operates in three divisions: Grocery, Hovis and Chilled. Grocery division is comprised of cakes, soups, vegetables, stocks, gravies, spreads, desserts. Hovis segment is comprised of wrapped bread, morning goods, and frozen part-baked products. The chilled segment is comprised of chilled and frozen meat-free products and chilled ready meal. The top brands offered by the company include: Hovis, Mr. Kipling, Quorn, Sharwoods, Cadbury, Bisto, Branston, Ambrosia, Loyd Grossman and Batchelors. Premier Foods plc is headquartered in St Albans, the United Kingdom. “

Separately, ValuEngine raised Ultrapar Participacoes from a strong sell rating to a sell rating in a research report on Tuesday, June 4th.

Shares of OTCMKTS:PRRFY traded up $0.03 during midday trading on Wednesday, hitting $2.35. The company’s stock had a trading volume of 3,187 shares, compared to its average volume of 1,873. The firm has a market capitalization of $390.05 million, a PE ratio of 4.70, a price-to-earnings-growth ratio of 0.65 and a beta of 2.03. The stock’s 50 day moving average is $2.13. PREMIER FOODS P/ADR has a fifty-two week low of $1.75 and a fifty-two week high of $2.97.

PREMIER FOODS P/ADR Company Profile

There is no company description available for Premier Foods PLC.

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