The Consumer Goods sector company, Premium Brands Holdings (TSX: PBH), has received a rating update from a Wall Street analyst on August 1. Analyst David Newman from Desjardins remains bullish on the stock and has a C$115 price target.
According to TipRanks.com, Newman is ranked #2464 out of 4853 analysts.
Read also: Another Wall Street Analyst Just Dumped Helios and Matheson (HMNY)
Premium Brands Holdings has an analyst consensus of Moderate Buy, with a price target consensus of C$124.
The company has a one-year high of C$122.77 and a one-year low of C$89.42. Currently, Premium Brands Holdings has an average volume of 82.14K.
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 Thursday at C$102.