Premium Brands Holdings Corp (PBH) PT Raised to C$83.00 at BMO Capital Markets

Premium Brands Holdings Corp (TSE:PBH) had its target price boosted by BMO Capital Markets from C$70.00 to C$83.00 in a report issued on Friday. BMO Capital Markets’ target price points to a potential upside of 2.14% from the stock’s previous close.

Several other analysts have also recently commented on the stock. Royal Bank of Canada boosted their price target on shares of Premium Brands Holdings Corp from C$78.00 to C$86.00 and gave the stock an “outperform” rating in a research note on Friday. Scotiabank boosted their price target on shares of Premium Brands Holdings Corp from C$67.00 to C$78.00 and gave the stock a “sector perform” rating in a research note on Friday. Finally, TD Securities boosted their price target on shares of Premium Brands Holdings Corp from C$80.00 to C$83.00 and gave the stock an “action list buy” rating in a research note on Monday, January 23rd. Four investment analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. Premium Brands Holdings Corp presently has a consensus rating of “Buy” and a consensus price target of C$78.71.

Analyst Recommendations for Premium Brands Holdings Corp (TSE:PBH)

Shares of Premium Brands Holdings Corp (TSE:PBH) opened at 81.26 on Friday. The firm has a 50-day moving average of $71.18 and a 200 day moving average of $66.86. The stock has a market capitalization of $2.42 billion and a price-to-earnings ratio of 39.24. Premium Brands Holdings Corp has a one year low of $50.98 and a one year high of $81.28.

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Premium Brands Holdings Corp Company Profile

Premium Brands Holdings Corp is a Canada-based company that, through its subsidiaries, owns a range of specialty food manufacturing and food distribution businesses. The Company’s segments include Specialty Foods and Premium Food Distribution. Its family of brands and businesses include Conte Foods, Larosa Foods, McSweeney’s, Direct Plus, OvenPride and Island City Baking.

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