Premium Brands Holdings Corp (TSE:PBH) had its price target hoisted by Canaccord Genuity from C$57.00 to C$63.00 in a research note issued to investors on Thursday. The brokerage currently has a hold rating on the stock.

Other analysts also recently issued research reports about the company. TD Securities raised their price target on Premium Brands Holdings Corp from C$69.00 to C$75.00 and gave the stock an action list buy rating in a report on Friday, July 8th. BMO Capital Markets raised their price target on Premium Brands Holdings Corp from C$60.00 to C$64.00 and gave the stock a market perform rating in a report on Wednesday, August 10th. Finally, Scotiabank raised their price target on Premium Brands Holdings Corp from C$59.00 to C$65.00 and gave the stock a sector perform rating in a report on Wednesday, August 10th. Three equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. Premium Brands Holdings Corp presently has a consensus rating of Buy and an average target price of C$64.33.

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

Premium Brands Holdings Corp (TSE:PBH) traded up 0.62% during mid-day trading on Thursday, reaching $64.73. The company’s stock had a trading volume of 33,368 shares. Premium Brands Holdings Corp has a 1-year low of $33.50 and a 1-year high of $65.05. The firm has a 50 day moving average price of $62.52 and a 200-day moving average price of $57.70. The company has a market capitalization of $1.93 billion and a PE ratio of 37.55.

Premium Brands Holdings Corp Company Profile

Premium Brands Holdings Corporation, through its subsidiaries, owns a range of specialty food manufacturing and premium food distribution and wholesale businesses with operations in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, Nevada, Ohio and Washington State. The Company’s segments include Specialty Foods and Premium Food Distribution, as well as corporate costs (Corporate).

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