Panmure Gordon restated their sell rating on shares of Premier Foods Plc (LON:PFD) in a report issued on Thursday, American Banking and Market News reports. They currently have a GBX 130 ($2.08) target price on the stock.
Panmure Gordon has also taken action a number of other stocks recently. The firm downgraded shares of Unilever from a buy rating to a hold rating. Also, Panmure Gordon downgraded shares of Unilever NLG 1.12 from a buy rating to a hold rating.
A number of other firms have also recently commented on PFD. Analysts at Investec reiterated a hold rating on shares of Premier Foods Plc in a research note to investors on Thursday. They now have a GBX 160 ($2.56) price target on the stock. Separately, analysts at Goldman Sachs Group Inc. raised their price target on shares of Premier Foods Plc from GBX 160 ($2.56) to GBX 180 ($2.89) in a research note to investors on Tuesday, October 15th. They now have a neutral rating on the stock. Finally, analysts at Citigroup Inc. raised their price target on shares of Premier Foods Plc from GBX 80 ($1.28) to GBX 170 ($2.73) in a research note to investors on Friday, October 11th. They now have a neutral rating on the stock. Three analysts have rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company’s stock. Premier Foods Plc presently has a consensus rating of Hold and a consensus target price of GBX 129.38 ($2.07).
Shares of Premier Foods Plc (LON:PFD) traded down 0.19% on Thursday, hitting GBX 133.75. 3,175,977 shares of the company’s stock traded hands. Premier Foods Plc has a 52 week low of GBX 58.445 and a 52 week high of GBX 186.00. The stock has a 50-day moving average of GBX 162.0 and a 200-day moving average of GBX 104.7. The company’s market cap is £320.7 million.
Premier Foods plc is engaged in food manufacturing, processing and distribution operates in three segments: Grocery, Bread and Disposed of Canning Operations.
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