Premier Foods (LON:PFD) Insider Duncan Leggett Acquires 3,751 Shares

Premier Foods plc (LON:PFD) insider Duncan Leggett acquired 3,751 shares of Premier Foods stock in a transaction that occurred on Monday, February 2nd. The stock was bought at an average price of GBX 85 per share, with a total value of £3,188.35.

Premier Foods Price Performance

Shares of LON PFD opened at GBX 191.56 on Tuesday. The company has a current ratio of 1.14, a quick ratio of 0.41 and a debt-to-equity ratio of 25.47. The company’s 50-day moving average price is GBX 175.71 and its 200 day moving average price is GBX 182.13. Premier Foods plc has a 52 week low of GBX 165.20 and a 52 week high of GBX 216.50. The stock has a market cap of £1.65 billion, a price-to-earnings ratio of 12.86, a PEG ratio of 1.44 and a beta of 1.08.

Premier Foods (LON:PFD) last announced its quarterly earnings data on Thursday, November 13th. The company reported GBX 5.40 earnings per share (EPS) for the quarter. Premier Foods had a net margin of 9.89% and a return on equity of 8.49%. As a group, research analysts forecast that Premier Foods plc will post 13.2607117 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. Jefferies Financial Group reissued a “buy” rating and set a GBX 230 price objective on shares of Premier Foods in a research note on Thursday, January 22nd. Peel Hunt reaffirmed a “buy” rating and set a GBX 230 target price on shares of Premier Foods in a research report on Thursday, November 13th. Berenberg Bank reiterated a “buy” rating and issued a GBX 280 price target on shares of Premier Foods in a research note on Thursday, January 22nd. Finally, Shore Capital restated a “house stock” rating on shares of Premier Foods in a research report on Wednesday, January 21st. Four research analysts have rated the stock with a Buy rating, According to MarketBeat, Premier Foods presently has a consensus rating of “Buy” and a consensus target price of GBX 245.

Premier Foods Company Profile

Premier Foods plc, together with its subsidiaries, manufactures and distributes branded and own label food products in the United Kingdom, other European countries, and internationally. The company operates through Grocery, Sweet Treats, and international segments. It offers a portfolio of product categories, including flavorings and seasonings under the Bisto, OXO, Paxo, and Saxa brands; cooking sauces and accompaniments under the Sharwood's, Loyd Grossman, Spice Tailor and Homepride brands; quick meals, snacks, and soups under the Batchelors and Smash brands; ambient desserts under the Ambrosia, Bird's, and Angel Delight brands; and ambient cakes under the Mr Kipling and Cadbury brands.