Desjardins Sticks to Its Buy Rating for Premium Brands Holdings (PBH)


Premium Brands Holdings (PBH) has received a rating update from a Wall Street analyst on November 14. Analyst David Newman from Desjardins rated Premium Brands Holdings (PBH) a Buy on November 14, setting a C$88 price target.

According to TipRanks.com, Newman is ranked #2085 out of 4897 analysts.

Premium Brands Holdings has an analyst consensus of Strong Buy, with a price target consensus of C$98.75, which is a 39.8% upside from current levels. In a report issued on November 6, Canaccord Genuity also upgraded the stock to Buy with a C$110 price target.

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The company has a one-year high of C$122.77 and a one-year low of C$66.99. Currently, Premium Brands Holdings has an average volume of 165.1K.

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$70.64, close to its 52-week low of C$66.99.

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