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

Premium Brands Holdings Co. (OTCMKTS:PRBZF) has been assigned an average rating of “Moderate Buy” from the six analysts that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company.

A number of research analysts recently issued reports on the company. Scotiabank reaffirmed an “outperform” rating on shares of Premium Brands in a report on Friday, May 8th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Premium Brands in a report on Friday, May 8th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Premium Brands in a report on Friday, May 8th. Finally, Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Premium Brands in a report on Friday, May 8th.

Premium Brands Stock Down 3.2%

OTCMKTS:PRBZF opened at $61.91 on Tuesday. The business’s 50-day moving average price is $62.76 and its 200 day moving average price is $68.47. Premium Brands has a 52-week low of $57.37 and a 52-week high of $77.81.

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.