Analysts seem to be feeling optimistic about Premium Brands Holdings (PBH) lately, with another positive rating update this time from RBC Capital. RBC Capital’s analyst Sabahat Khan reiterates their Buy rating on the shares, with a C$103 price target.
Khan has an average return of 0.3% when recommending Premium Brands Holdings.
According to TipRanks.com, Khan is ranked #2213 out of 5247 analysts.
Premium Brands Holdings has an analyst consensus of Strong Buy, with a price target consensus of C$96.42, implying a 0.8% upside from current levels. In a report issued on July 10, Desjardins also upgraded the stock to Buy with a C$103 price target.
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The company has a one-year high of C$111.01 and a one-year low of C$66.99. Currently, Premium Brands Holdings has an average volume of 118.4K.
Premium Brands Holdings Corp. manufactures and distributes a variety of specialty food products. It operates through the following business segments: Specialty Foods and Premium Food Distribution.
The company’s shares closed on Tuesday at C$95.61.
