Wall Street analyst has provided a rating update for the Consumer Goods sector company yesterday, while remaining neutral on the stock. Analyst George Doumet from Scotiabank rated Premium Brands Holdings (TSX: PBH) a Hold, setting a C$117.50 price target.
According to TipRanks.com, Doumet is ranked #1648 out of 4872 analysts.
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Premium Brands Holdings has an analyst consensus of Moderate Buy, with a price target consensus of C$122.50, which is a 27.3% upside from current levels. In a report released yesterday, Canaccord Genuity also maintained a Hold rating on the stock with a C$110 price target.
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Premium Brands Holdings’ market cap is currently C$3.21B and has a P/E ratio of 36.6. The company has a Price to Book ratio of 4.29.
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 Tuesday at C$96.26, close to its 52-week low of C$92.02.
