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

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

A number of equities analysts have recently commented on the stock. Scotiabank reissued 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 note on Friday, May 8th. BMO Capital Markets reissued an “outperform” rating on shares of Premium Brands in a research report on Friday, May 8th. Finally, Royal Bank Of Canada reissued 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 $59.24 on Friday. Premium Brands has a 52-week low of $58.37 and a 52-week high of $77.81. The stock has a 50-day simple moving average of $62.88 and a 200-day simple moving average of $67.55.

Premium Brands Company Profile

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.