BMO Capital Remains a Buy on Premium Brands Holdings (PBH)


Premium Brands Holdings (TSX: PBH), the Consumer Goods sector company, was revisited by a Wall Street analyst on August 13. BMO Capital’s analyst Stephen Macleod reiterates their Buy rating on the shares, with a C$137 price target.

According to TipRanks.com, Macleod is ranked #323 out of 4850 analysts.

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Currently, the analyst consensus on Premium Brands Holdings is a Moderate Buy with an average price target of C$113.67, a 13.4% upside from current levels. In a report issued on August 1, Desjardins also reiterated a Buy rating on the stock with a C$115 price target.

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The company has a one-year high of C$122.77 and a one-year low of C$92.02. Currently, Premium Brands Holdings has an average volume of 88.93K.

Premium Brands Holdings Corp. manufactures and distributes a variety of specialty food products. The company operates through the following business segments: Specialty Foods and Premium Food Distribution.

The company’s shares closed on Friday at C$100.21.

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