Premier Foods’ (PFD) “House Stock” Rating Reaffirmed at Shore Capital

Shore Capital reiterated their house stock rating on shares of Premier Foods (LON:PFD) in a research report report published on Tuesday morning, MarketBeat reports.

Premier Foods Stock Performance

Shares of LON PFD opened at GBX 187 ($2.31) on Tuesday. The business’s 50-day simple moving average is GBX 186.12 and its 200-day simple moving average is GBX 181.07. The company has a debt-to-equity ratio of 25.46, a quick ratio of 0.41 and a current ratio of 1.14. Premier Foods has a 52 week low of GBX 133.40 ($1.65) and a 52 week high of GBX 198.40 ($2.45). The firm has a market cap of £1.61 billion, a price-to-earnings ratio of 1,438.46, a P/E/G ratio of 1.44 and a beta of 1.08.

Premier Foods (LON:PFD) last announced its quarterly earnings results on Thursday, November 14th. The company reported GBX 5.30 ($0.07) EPS for the quarter. Premier Foods had a return on equity of 8.23% and a net margin of 9.89%. As a group, equities research analysts expect that Premier Foods will post 13.2607117 earnings per share for the current fiscal year.

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.