Premium Brands Holdings Co. (OTCMKTS:PRBZF) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Premium Brands Holdings Co. (OTCMKTS:PRBZF) has earned an average rating of “Moderate Buy” from the six ratings firms that are presently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company.

A number of equities analysts have recently issued reports on PRBZF shares. BMO Capital Markets reiterated an “outperform” rating on shares of Premium Brands in a research report on Friday, August 7th. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Premium Brands in a research report on Friday, May 8th. TD Securities reaffirmed a “buy” rating on shares of Premium Brands in a report on Friday, August 7th. Scotiabank reiterated an “outperform” rating on shares of Premium Brands in a research report on Friday, May 8th. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of Premium Brands in a research note on Friday, August 7th.

Premium Brands Stock Performance

PRBZF opened at $58.73 on Friday. Premium Brands has a 1-year low of $57.19 and a 1-year high of $77.81. The firm has a 50-day moving average price of $62.25 and a two-hundred day moving average price of $65.39.

Premium Brands Company Profile

Premium Brands Holdings Corp is a Canadian specialty food manufacturing and distribution company that develops, produces and markets a broad array of premium branded and private-label food products. The company serves retail, foodservice and take-home meal customers, offering a diverse portfolio that includes deli meats, fresh and frozen sandwiches, baked goods, seafood, plant-based proteins and artisanal cheeses. Premium Brands focuses on high-growth, value-added segments of the food industry where quality, convenience and innovation drive customer loyalty.

Through a strategy of organic development and targeted acquisitions, Premium Brands has assembled a network of production facilities and distribution centres across North America and selected international markets.