Insider Buying: Premier Foods (LON:PFD) Insider Buys 3,751 Shares of Stock

Premier Foods plc (LON:PFD) insider Alex Whitehouse acquired 3,751 shares of the company’s stock in a transaction that occurred on Monday, February 2nd. The stock was purchased at an average price of GBX 85 per share, for a total transaction of £3,188.35.

Alex Whitehouse also recently made the following trade(s):

• On Tuesday, January 27th, Alex Whitehouse sold 473,186 shares of Premier Foods stock. The shares were sold at an average price of GBX 186, for a total value of £880,125.96.

Premier Foods Stock Up 0.9%

Shares of LON PFD opened at GBX 191.56 on Tuesday. The company has a debt-to-equity ratio of 25.47, a current ratio of 1.14 and a quick ratio of 0.41. The stock has a market capitalization of £1.65 billion, a PE ratio of 12.86, a P/E/G ratio of 1.44 and a beta of 1.08. Premier Foods plc has a one year low of GBX 165.20 and a one year high of GBX 216.50. The business’s fifty day moving average price is GBX 175.71 and its 200-day moving average price is GBX 182.13.

Premier Foods (LON:PFD) last announced its quarterly earnings data on Thursday, November 13th. The company reported GBX 5.40 earnings per share for the quarter. Premier Foods had a return on equity of 8.49% and a net margin of 9.89%. On average, equities research analysts anticipate that Premier Foods plc will post 13.2607117 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms recently commented on PFD. Shore Capital reaffirmed a “house stock” rating on shares of Premier Foods in a report on Wednesday, January 21st. Peel Hunt reaffirmed a “buy” rating and issued a GBX 230 price target on shares of Premier Foods in a report on Thursday, November 13th. Berenberg Bank reiterated a “buy” rating and issued a GBX 280 price target on shares of Premier Foods in a research report on Thursday, January 22nd. Finally, Jefferies Financial Group reissued a “buy” rating and set a GBX 230 price objective on shares of Premier Foods in a report on Thursday, January 22nd. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of GBX 245.

About Premier Foods

Premier Foods plc, together with its subsidiaries, manufactures and distributes branded and own label food products in the United Kingdom, other European countries, and internationally. The company operates through Grocery, Sweet Treats, and international segments. It offers a portfolio of product categories, including flavorings and seasonings under the Bisto, OXO, Paxo, and Saxa brands; cooking sauces and accompaniments under the Sharwood's, Loyd Grossman, Spice Tailor and Homepride brands; quick meals, snacks, and soups under the Batchelors and Smash brands; ambient desserts under the Ambrosia, Bird's, and Angel Delight brands; and ambient cakes under the Mr Kipling and Cadbury brands.