Premium Brands Holdings Co. (OTCMKTS:PRBZF) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Premium Brands Holdings Co. (OTCMKTS:PRBZF) have been given an average recommendation of “Moderate Buy” by the six analysts that are covering the company, Marketbeat reports. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company.

Several analysts recently weighed in on PRBZF shares. BMO Capital Markets reissued an “outperform” rating on shares of Premium Brands in a report on Friday, May 8th. Scotiabank reaffirmed an “outperform” rating on shares of Premium Brands in a report on Friday, May 8th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Premium Brands in a research report on Friday, May 8th. Finally, Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Premium Brands in a report on Friday, May 8th.

Premium Brands Price Performance

Shares of PRBZF stock opened at $59.91 on Friday. Premium Brands has a one year low of $58.37 and a one year high of $77.81. The company’s 50-day simple moving average is $62.80 and its 200-day simple moving average is $67.42.

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.