Premium Brands (TSE:PBH – Get Free Report) was upgraded by analysts at CIBC from a “neutral” rating to an “outperform” rating in a report issued on Monday,BayStreet.CA reports. The firm presently has a C$95.00 price target on the stock, up from their prior price target of C$90.00. CIBC’s price target would suggest a potential upside of 30.10% from the company’s previous close.
A number of other research analysts also recently issued reports on the company. National Bankshares reduced their price target on Premium Brands from C$99.00 to C$96.00 and set a “sector perform” rating on the stock in a report on Thursday, February 27th. Ventum Financial boosted their target price on Premium Brands from C$109.00 to C$120.00 and gave the company a “buy” rating in a research note on Monday, March 24th. Desjardins cut their price target on shares of Premium Brands from C$95.00 to C$93.00 and set a “buy” rating on the stock in a report on Monday, March 24th. Royal Bank of Canada upped their price objective on shares of Premium Brands from C$96.00 to C$97.00 and gave the stock an “outperform” rating in a report on Thursday, March 20th. Finally, Raymond James set a C$100.00 target price on shares of Premium Brands and gave the company an “outperform” rating in a research note on Thursday, December 19th. Two investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of C$103.40.
Get Our Latest Report on Premium Brands
Premium Brands Price Performance
About Premium Brands
Premium Brands Holdings Corporation, through its subsidiaries, manufactures and distributes food products primarily in Canada and the United States. It operates in two segments, Specialty Foods and Premium Food Distribution. The company provides processed meat, deli products, meat snacks, beef jerky and halal, sandwiches, pastries, specialty and gourmet products, entrees, panini, wraps, subs, hamburgers, burgers, salads and kettle products, muffins, breads, pastas, pizza, and baking and sushi products.
Featured Stories
- Five stocks we like better than Premium Brands
- 3 Grocery Stocks That Are Proving They Are Still Essential
- Tariff-Proof Stocks: 3 Big Bargains With Huge Upside Potential
- Stock Average Calculator
- Qualcomm Breaks Down But RSI Signals It’s Severely Oversold
- Diversification Can Smooth Returns And Mitigate Portfolio Risk
- Tesla’s #1 Bull Cuts Target But Says It’s Still a Buy
Receive News & Ratings for Premium Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Premium Brands and related companies with MarketBeat.com's FREE daily email newsletter.