Credit Suisse Group AG reaffirmed their outperform rating on shares of Premier Foods Plc (LON:PFD) in a research note released on Friday morning. The firm currently has a GBX 50 ($0.62) target price on the stock.

A number of other equities analysts have also issued reports on the stock. Jefferies Group lowered shares of Premier Foods Plc to a hold rating and decreased their target price for the company from GBX 60 ($0.75) to GBX 50 ($0.62) in a research report on Tuesday, October 25th. Investec decreased their target price on shares of Premier Foods Plc from GBX 57 ($0.71) to GBX 55 ($0.69) and set a buy rating for the company in a research report on Monday, October 17th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Premier Foods Plc currently has a consensus rating of Buy and a consensus price target of GBX 50 ($0.62).

Analyst Recommendations for Premier Foods Plc (LON:PFD)

Premier Foods Plc (LON:PFD) traded up 0.1337% on Friday, hitting GBX 46.8125. 1,296,659 shares of the company traded hands. Premier Foods Plc has a 12 month low of GBX 29.65 and a 12 month high of GBX 62.00. The stock’s 50-day moving average is GBX 47.89 and its 200 day moving average is GBX 46.14. The stock’s market cap is GBX 386.81 million.

Premier Foods Plc Company Profile

Premier Foods plc is a food company. The Company is engaged in the manufacture and distribution of branded and own label food and beverage products. The Company’s segments include Grocery, Sweet Treats and International. The Grocery segment primarily sells savory ambient food products. The Sweet Treats segment sells sweet ambient food products.

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