Premier Foods (LON:PFD) Receives House Stock Rating from Shore Capital

Shore Capital reiterated their house stock rating on shares of Premier Foods (LON:PFD - Free Report) in a research report sent to investors on Tuesday morning, Marketbeat Ratings reports.

Premier Foods Stock Up 2.6 %

LON PFD traded up GBX 4.60 ($0.06) on Tuesday, reaching GBX 183.60 ($2.26). The stock had a trading volume of 3,941,525 shares, compared to its average volume of 6,545,217. The business has a 50 day moving average price of GBX 186.31 and a 200 day moving average price of GBX 180.78. The company has a current ratio of 1.14, a quick ratio of 0.41 and a debt-to-equity ratio of 25.46. Premier Foods has a 1 year low of GBX 133.40 ($1.64) and a 1 year high of GBX 198.40 ($2.45). The company has a market capitalization of £1.58 billion, a price-to-earnings ratio of 1,412.31, a P/E/G ratio of 1.44 and a beta of 1.08.

Premier Foods (LON:PFD - Get Free Report) last issued its earnings results on Thursday, November 14th. The company reported GBX 5.30 ($0.07) EPS for the quarter. Premier Foods had a return on equity of 8.23% and a net margin of 9.89%. On average, analysts forecast that Premier Foods will post 13.2607117 EPS for the current fiscal year.

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.