Premium Brands Holdings Co. (OTCMKTS:PRBZF) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Premium Brands Holdings Co. (OTCMKTS:PRBZF) have been assigned an average recommendation of “Moderate Buy” from the six ratings firms that are presently 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.

PRBZF has been the topic of a number of analyst reports. BMO Capital Markets reissued an “outperform” rating on shares of Premium Brands in a research note on Friday, August 7th. TD Securities restated a “buy” rating on shares of Premium Brands in a report on Friday, August 7th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Premium Brands in a research note on Friday, August 7th.

Premium Brands Price Performance

Shares of OTCMKTS PRBZF opened at $56.06 on Thursday. Premium Brands has a twelve month low of $55.85 and a twelve month high of $77.81. The firm has a 50-day moving average of $60.69 and a two-hundred day moving average of $62.97.

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.