Premium Brands Holdings Corp (PBH) Given New C$71.00 Price Target at National Bank Financial
Premium Brands Holdings Corp (TSE:PBH) had its price target upped by National Bank Financial from C$64.00 to C$71.00 in a research note issued to investors on Friday. National Bank Financial currently has an outperform rating on the stock.
PBH has been the topic of a number of other research reports. Canaccord Genuity boosted their target price on shares of Premium Brands Holdings Corp from C$57.00 to C$63.00 and gave the company a hold rating in a research report on Thursday. Scotiabank upped their price objective on shares of Premium Brands Holdings Corp from C$53.00 to C$59.00 and gave the stock a sector perform rating in a report on Friday, July 8th. TD Securities upped their price objective on shares of 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. Finally, BMO Capital Markets upped their price objective on shares of 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. Three research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of Buy and a consensus target price of C$66.17.
Premium Brands Holdings Corp (TSE:PBH) traded down 1.24% during mid-day trading on Friday, hitting $65.22. 9,177 shares of the stock were exchanged. The company has a market capitalization of $1.94 billion and a PE ratio of 37.83. Premium Brands Holdings Corp has a 52 week low of $33.50 and a 52 week high of $66.17. The stock’s 50-day moving average is $62.62 and its 200 day moving average is $57.80.
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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