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

Premium Brands Holdings Co. (OTCMKTS:PRBZF) has been given an average rating of “Moderate Buy” by the six analysts that are covering the firm, Marketbeat reports. One research analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company.

A number of brokerages have recently weighed in on PRBZF. Scotiabank restated an “outperform” rating on shares of Premium Brands in a research report on Friday, May 8th. Royal Bank Of Canada restated an “outperform” rating on shares of Premium Brands in a research report on Friday, May 8th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Premium Brands in a research report on Friday, May 8th. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Premium Brands in a research report on Friday, May 8th.

Premium Brands Stock Performance

Shares of Premium Brands stock opened at $64.89 on Tuesday. The business has a 50-day moving average price of $62.68 and a 200-day moving average price of $68.47. Premium Brands has a twelve month low of $57.37 and a twelve 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.