Key Points
- Insider purchase: Director Duncan Leggett bought 3,751 Premier Foods shares at GBX 85 each on Feb 2, a transaction totalling £3,188.35.
- Analyst sentiment: The stock has a consensus "Buy" rating with a consensus price target of GBX 245, including notable targets of GBX 280 (Berenberg) and GBX 230 (Jefferies, Peel Hunt).
- Key metrics: Shares trade around GBX 191 (50‑day MA GBX 176, 200‑day MA GBX 182), market cap ~£1.65bn and a P/E of 12.82.
Premier Foods plc (LON:PFD - Get Free Report) insider Duncan Leggett bought 3,751 shares of the business's stock in a transaction dated Monday, February 2nd. The shares were acquired at an average cost of GBX 85 per share, for a total transaction of £3,188.35.
Premier Foods Price Performance
Shares of PFD stock opened at GBX 191 on Wednesday. The stock has a 50 day moving average price of GBX 176.03 and a 200 day moving average price of GBX 182.15. Premier Foods plc has a 52-week low of GBX 165.20 and a 52-week high of GBX 216.50. The company has a debt-to-equity ratio of 25.47, a quick ratio of 0.41 and a current ratio of 1.14. The firm has a market capitalization of £1.65 billion, a P/E ratio of 12.82, a P/E/G ratio of 1.44 and a beta of 1.08.
Premier Foods (LON:PFD - Get Free Report) last announced its quarterly earnings data on Thursday, November 13th. The company reported GBX 5.40 EPS for the quarter. Premier Foods had a return on equity of 8.49% and a net margin of 9.89%. As a group, sell-side analysts predict that Premier Foods plc will post 13.2607117 earnings per share for the current year.
Wall Street Analyst Weigh In
A number of equities research analysts recently weighed in on the stock. Shore Capital reiterated a "house stock" rating on shares of Premier Foods in a report on Wednesday, January 21st. Peel Hunt reaffirmed a "buy" rating and set a GBX 230 target price on shares of Premier Foods in a research report on Thursday, November 13th. Jefferies Financial Group reiterated a "buy" rating and issued a GBX 230 price target on shares of Premier Foods in a report on Thursday, January 22nd. Finally, Berenberg Bank reissued a "buy" rating and issued a GBX 280 price objective on shares of Premier Foods in a research note on Thursday, January 22nd. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus price target of GBX 245.
Check Out Our Latest Stock Report on Premier Foods
About Premier Foods
(
Get Free Report)
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.
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