Pinnacle Foods Inc (NYSE:PF) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 17, 2016
Zacks Investment Research has downgraded Pinnacle Foods Inc (NYSE:PF) to Hold in a statement released on 10/17/2016.
On 7/29/2016, D. A. Davidson released a statement for Pinnacle Foods Inc (NYSE:PF) bumped up the target price from $42.00 to $47.00 that suggested a downside of -0.06%.
Boasting a price of $50.05, Pinnacle Foods Inc (NYSE:PF) traded 0.00% even on the day. With the last stock price close up 6.80% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Pinnacle Foods Inc has recorded a 50-day average of $50.24 and a two hundred day average of $46.79. Volume of trade was down over the average, with 0 shares of PF changing hands under the typical 1,181,630
With a total market value of $0, Pinnacle Foods Inc has price-earnings ratio of 29.76 with a one year low of $39.15 and a one year high of $52.00 .
More About Pinnacle Foods Inc (NYSE:PF)
Pinnacle Foods Inc. is a manufacturer, marketer and distributor of branded food products in North America. The Company operates through three segments: the Birds Eye Frozen segment, the Duncan Hines Grocery segment and the Specialty Foods segment. The Birds Eye Frozen segment manages its brands in the United States retail frozen vegetables (Birds Eye), frozen complete bagged meals (Birds Eye Voila!), and frozen seafood (Van de Kamp's and Mrs. Paul's) categories, plant based protein frozen products (gardein), as well as its Foundation Brands in the frozen and refrigerated bagels (Lender's), frozen pizza for one (Celeste), single-serve frozen dinners and entrees (Hungry-Man), and frozen breakfast (Aunt Jemima) categories. The Duncan Hines Grocery Segment includes cake mixes, ready-to-serve frostings, brownie mixes, muffin mixes and cookie mixes. The Specialty Foods segment consists of snack products (Tim's Cascade and Snyder of Berlin), foodservice and private label businesses.
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