Premium Brands (OTCMKTS:PRBZF – Get Free Report) is expected to be announcing its results before the market opens on Thursday, March 19th. Analysts expect the company to announce earnings of $1.30 per share and revenue of $1.9246 billion for the quarter.
Premium Brands Price Performance
PRBZF stock opened at $70.66 on Wednesday. Premium Brands has a 52-week low of $52.79 and a 52-week high of $77.81. The company’s 50-day simple moving average is $72.95 and its 200-day simple moving average is $70.23.
Analyst Upgrades and Downgrades
A number of equities analysts recently weighed in on PRBZF shares. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Premium Brands in a report on Thursday, December 18th. TD Securities restated a “buy” rating on shares of Premium Brands in a research report on Thursday, December 18th. Finally, Scotiabank raised Premium Brands from a “sector perform” rating to an “outperform” rating in a research note on Thursday, December 18th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.
Premium Brands Company Profile
Premium Brands Holdings Corp is a Canadian specialty food manufacturing and distribution company that develops, produces and markets a broad array of premium branded and private-label food products. The company serves retail, foodservice and take-home meal customers, offering a diverse portfolio that includes deli meats, fresh and frozen sandwiches, baked goods, seafood, plant-based proteins and artisanal cheeses. Premium Brands focuses on high-growth, value-added segments of the food industry where quality, convenience and innovation drive customer loyalty.
Through a strategy of organic development and targeted acquisitions, Premium Brands has assembled a network of production facilities and distribution centres across North America and selected international markets.
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