A report released today by Investec about Premier Foods PLC (LON:PFD) drops the target price to 55.00GBX
- Updated: October 16, 2016
Having a price of 47.75GBX, Premier Foods PLC (LON:PFD) traded -0.52% lower on the day. With the last close up 3.02% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. PFD has recorded a 50-day average of 52.33GBX and a two hundred day average of 46.59GBX. Trade Volume was down over the average, with 676,114 shares of PFD changing hands under the typical 1,796,850
Reporting a potential upside of 0.15%, Investec dropped the price target of Premier Foods PLC (LON:PFD) to 55.00GBX
On Thursday July 07, 2016, Jefferies International released a statement on Premier Foods PLC (LON:PFD) maintained the target price at 60.00GBX that suggested an upside of 0%.
Recent Performance Chart
Premier Foods PLC has PE ratio of 13.71 with a one year low of 29.65GBX and a one year high of 62.00GBX and has a market capitalization of 0 GBX.
In addition to Investec reporting its stock price target, a total of 5 brokerages have issued a ratings update on the company. The average stock price target is 51.40GBX with 2 brokerages rating the stock a strong buy, 2 brokerages rating the stock a buy, 3 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On Premier Foods PLC (LON:PFD)
Premier Foods plc is a food company. The Company is engaged in the manufacture and distribution of branded and own label food and beverage products. The Company's segments include Grocery, Sweet Treats and International. The Grocery segment primarily sells savory ambient food products. The Sweet Treats segment sells sweet ambient food products. The International segment has been aggregated within the Grocery segment for reporting purposes. The Company offers a range of brands, such as Ambrosia, Bisto, OXO, Paxo, Sharwood's, Loyd Grossman, Homepride, Batchelors, Smash, Bird's, Paul Hollywood, Marvel and Angel Delight. Its Grocery strategic business unit (SBU) includes cooking sauces and accompaniments, flavors and seasonings, Quick meals and soups, and ambient desserts. Its Sweet Treats SBU includes the Company's cake brands, such as Mr. Kipling, Cadbury and Lyons. Its International SBU is focused on new markets across the world.
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