The Consumer Goods sector company, Premium Brands Holdings (PBH), has received a rating update from a Wall Street analyst today. Analyst Stephen Macleod from BMO Capital reiterated a Buy rating, with a C$92 price target.
According to TipRanks.com, Macleod is ranked #433 out of 4890 analysts.
Currently, the analyst consensus on Premium Brands Holdings is a Strong Buy with an average price target of C$106.10, implying a 49.8% 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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Premium Brands Holdings’ market cap is currently C$2.43B and has a P/E ratio of 32.7. The company has a Price to Book ratio of 3.24.
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 Wednesday at C$70.81.
