Premier Foods plc (LON:PFD) Insider Acquires £12,707.04 in Stock

Premier Foods plc (LON:PFD) insider Tania Howarth purchased 6,906 shares of Premier Foods stock in a transaction dated Monday, March 17th. The stock was bought at an average price of GBX 184 ($2.39) per share, with a total value of £12,707.04 ($16,519.81).

Premier Foods Stock Performance

Shares of PFD stock opened at GBX 182.60 ($2.37) on Wednesday. The company has a 50 day moving average price of GBX 183.30 and a 200-day moving average price of GBX 184.88. Premier Foods plc has a 52 week low of GBX 140.20 ($1.82) and a 52 week high of GBX 198.40 ($2.58). The firm has a market capitalization of £1.57 billion, a PE ratio of 13.99, a P/E/G ratio of 1.44 and a beta of 1.08. The company has a quick ratio of 0.41, a current ratio of 1.14 and a debt-to-equity ratio of 25.47.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on PFD. Berenberg Bank reiterated a “buy” rating and issued a GBX 240 ($3.12) price target on shares of Premier Foods in a research note on Thursday, January 23rd. Shore Capital reiterated a “house stock” rating on shares of Premier Foods in a research note on Tuesday, January 21st.

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.