Canaccord Genuity Group reiterated their buy rating on shares of Princes Group (LON:PRN – Free Report) in a research note published on Monday,London Stock Exchange reports. The firm currently has a GBX 625 target price on the stock.
Princes Group Trading Down 0.6%
LON:PRN opened at GBX 331.50 on Monday. The company has a market cap of £811.19 million and a P/E ratio of 8.96. The business’s 50 day moving average price is GBX 322.80. Princes Group has a 52 week low of GBX 294.50 and a 52 week high of GBX 498.
Princes Group (LON:PRN – Get Free Report) last issued its quarterly earnings results on Tuesday, September 15th. The company reported GBX 0.11 earnings per share for the quarter.
Princes Group Company Profile
Princes Group is a long-established British food and drink company that manufactures, markets and distributes a broad range of ambient food and beverage products. The company is known for producing shelf-stable goods including canned and tinned products, tomato-based items, cooking sauces, edible oils and a variety of beverages. It supplies both branded and private-label products to retail, wholesale and foodservice customers.
Operations focus on end-to-end manufacturing and supply chain capabilities, from ingredient sourcing and production to packing and distribution.
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