Analysts seem to be feeling optimistic about Premium Brands Holdings (PBH) lately, with another positive rating update this time from National Bank. National Bank’s analyst Leon Aghazarian reiterates their Buy rating on the shares today.
According to TipRanks.com, Aghazarian is ranked #2815 out of 4890 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Premium Brands Holdings with a C$106.10 average price target, 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.
