Premier Foods (OTCMKTS:PRRFY) Raised to Moderate Buy at Royal Bank of Canada

Premier Foods (OTCMKTS:PRRFY - Get Free Report) was upgraded by equities researchers at Royal Bank of Canada to a "moderate buy" rating in a note issued to investors on Monday,Zacks.com reports.

Separately, Barclays upgraded Premier Foods to a "strong-buy" rating in a research report on Thursday, October 10th.

Premier Foods Price Performance

Shares of OTCMKTS:PRRFY remained flat at $12.26 during midday trading on Monday. 36 shares of the stock were exchanged, compared to its average volume of 31. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.14 and a quick ratio of 0.78. The firm has a fifty day moving average price of $12.51 and a two-hundred day moving average price of $11.53. Premier Foods has a 1 year low of $7.89 and a 1 year high of $12.85.

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.