Premium Brands Holdings Co. (OTCMKTS:PRBZF) Receives Average Recommendation of “Moderate Buy” from Brokerages

Premium Brands Holdings Co. (OTCMKTS:PRBZF) has received a consensus recommendation of “Moderate Buy” from the six research firms that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company.

Several analysts recently issued reports on PRBZF shares. Royal Bank Of Canada reiterated an “outperform” rating on shares of Premium Brands in a research report on Friday, August 7th. TD Securities restated a “buy” rating on shares of Premium Brands in a research note on Friday, August 7th. Finally, BMO Capital Markets reaffirmed an “outperform” rating on shares of Premium Brands in a report on Friday, August 7th.

Premium Brands Price Performance

PRBZF stock opened at $54.42 on Thursday. The company’s 50-day moving average price is $60.46 and its two-hundred day moving average price is $62.66. Premium Brands has a 12 month low of $54.42 and a 12 month high of $77.81.

About Premium Brands

Premium Brands Holdings Corp is a Canadian specialty food manufacturing and distribution company that develops, produces and markets a broad array of premium branded and private-label food products. The company serves retail, foodservice and take-home meal customers, offering a diverse portfolio that includes deli meats, fresh and frozen sandwiches, baked goods, seafood, plant-based proteins and artisanal cheeses. Premium Brands focuses on high-growth, value-added segments of the food industry where quality, convenience and innovation drive customer loyalty.

Through a strategy of organic development and targeted acquisitions, Premium Brands has assembled a network of production facilities and distribution centres across North America and selected international markets.