Premium Brands (TSE:PBH) Price Target Raised to C$160.00

Premium Brands (TSE:PBH) had its price target upped by TD Securities from C$145.00 to C$160.00 in a research note released on Thursday morning,BayStreet.CA reports.

Other equities research analysts have also issued research reports about the stock. BMO Capital Markets lifted their price objective on shares of Premium Brands from C$109.00 to C$111.00 in a research note on Tuesday, November 11th. CIBC raised their target price on Premium Brands from C$108.00 to C$115.00 in a report on Tuesday, November 11th. Royal Bank Of Canada boosted their price target on Premium Brands from C$108.00 to C$118.00 in a research report on Tuesday, November 4th. Scotiabank lowered their price objective on Premium Brands from C$103.00 to C$99.00 in a report on Tuesday, November 11th. Finally, Stifel Nicolaus raised their price objective on Premium Brands from C$101.00 to C$106.00 in a research note on Tuesday, November 11th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, Premium Brands has a consensus rating of “Buy” and a consensus price target of C$121.64.

Premium Brands Trading Down 0.6%

Shares of TSE PBH opened at C$100.90 on Thursday. The business has a 50 day simple moving average of C$95.62 and a 200 day simple moving average of C$91.23. Premium Brands has a 52 week low of C$72.57 and a 52 week high of C$103.89. The stock has a market cap of C$4.51 billion, a price-to-earnings ratio of 68.64, a PEG ratio of 1.10 and a beta of 0.38. The company has a debt-to-equity ratio of 163.00, a quick ratio of 1.16 and a current ratio of 1.51.

Premium Brands (TSE:PBH) last issued its quarterly earnings data on Monday, November 10th. The company reported C$1.27 earnings per share for the quarter. The firm had revenue of C$1.99 billion for the quarter. Premium Brands had a net margin of 1.55% and a return on equity of 5.66%. On average, research analysts predict that Premium Brands will post 6.039823 earnings per share for the current fiscal year.

Trending Headlines about Premium Brands

Here are the key news stories impacting Premium Brands this week:

• Positive Sentiment: Multiple analysts raised price targets and ratings — TD moved its target to C$160, Raymond James and BMO to C$125, CIBC and Desjardins to C$120, Stifel to C$111, and Scotiabank upgraded to “outperform” (target C$120). Collectively these actions signal stronger sell‑side conviction and imply roughly 9%–58% upside versus current levels, supporting positive sentiment. Analyst Coverage Roundup
• Neutral Sentiment: Premium Brands closed the over‑allotment options related to its recent roughly $600M equity and convertible‑debenture offerings. That completion shows investor demand and strengthens the company’s liquidity and funding for M&A or operations, but it also increases share count and convertible obligations — a mixed impact for EPS and future dilution. Over-Allotment Closing
• Neutral Sentiment: A recent valuation piece asks whether PBH is still undervalued after a roughly 34% one‑year share gain — useful context for longer‑term investors but unlikely to drive a sharp near‑term move on its own. It highlights the debate between rising analyst targets and the stock’s rich multiple. Valuation Article

Premium Brands Company Profile

Premium Brands Holdings Corp is engaged in specialty food manufacturing, premium food distribution, and wholesale businesses with operations in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, Nevada, and Washington State. The company’s business segments include Specialty Foods, Premium Food Distribution, and Corporate. The Specialty Foods segment consists of its specialty food manufacturing businesses, which contributes about two-thirds of the group revenue; the Premium Food Distribution segment consists of the company’s distribution and wholesale businesses; the Corporate segment includes the company’s head office activities along with its finance and information systems.