Premier Foods plc (LON:PFD) Insider Alex Whitehouse Sells 367,652 Shares

Premier Foods plc (LON:PFD) insider Alex Whitehouse sold 367,652 shares of the company’s stock in a transaction that occurred on Wednesday, March 12th. The stock was sold at an average price of GBX 177 ($2.29), for a total value of £650,744.04 ($841,733.33).

Alex Whitehouse also recently made the following trade(s):

• On Tuesday, February 4th, Alex Whitehouse purchased 1,884 shares of Premier Foods stock. The stock was purchased at an average price of GBX 185 ($2.39) per share, for a total transaction of £3,485.40 ($4,508.34).

Premier Foods Price Performance

PFD stock opened at GBX 180 ($2.33) on Friday. Premier Foods plc has a 1 year low of GBX 140.20 ($1.81) and a 1 year high of GBX 198.40 ($2.57). 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 stock’s 50 day moving average price is GBX 183.42 and its 200 day moving average price is GBX 184.73. The firm has a market cap of £1.55 billion, a P/E ratio of 13.79, a PEG ratio of 1.44 and a beta of 1.08.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. Berenberg Bank restated a “buy” rating and issued a GBX 240 ($3.10) price target on shares of Premier Foods in a report on Thursday, January 23rd. Shore Capital reaffirmed a “house stock” rating on shares of Premier Foods in a research note on Tuesday, January 21st.

About Premier Foods

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.