Shares of Premium Brands Holdings Corp (TSE:PBH) have received a consensus rating of “Buy” from the six research firms that are presently covering the stock. Three equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is C$66.50.

PBH has been the subject of several analyst reports. TD Securities reissued an “action list buy” rating and set a C$75.00 price target on shares of Premium Brands Holdings Corp in a research report on Wednesday, August 10th. Canaccord Genuity increased their price objective 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, October 13th. Scotiabank increased their price objective on shares of Premium Brands Holdings Corp from C$59.00 to C$65.00 and gave the company a “sector perform” rating in a research report on Wednesday, August 10th. National Bank Financial increased their price objective on shares of Premium Brands Holdings Corp from C$64.00 to C$71.00 and gave the company an “outperform” rating in a research report on Friday, October 14th. Finally, BMO Capital Markets increased their price objective on shares of Premium Brands Holdings Corp from C$60.00 to C$64.00 and gave the company a “market perform” rating in a research report on Wednesday, August 10th.

Premium Brands Holdings Corp (TSE:PBH) opened at 68.87 on Tuesday. The firm’s 50-day moving average is $65.38 and its 200 day moving average is $59.82. Premium Brands Holdings Corp has a one year low of $35.78 and a one year high of $70.11. The stock has a market cap of $2.05 billion and a P/E ratio of 33.25.

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Premium Brands Holdings Corp Company Profile

Premium Brands Holdings Corp is a Canada-based producer, marketer and distributor of specialty food products. The Company owns a range of specialty food manufacturing and food distribution businesses with operations in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, Nevada, Ohio and Washington State.

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