Insider Buying: Premier Foods plc (LON:PFD) Insider Buys 6,906 Shares of Stock

Premier Foods plc (LON:PFD - Get Free Report) insider Tania Howarth purchased 6,906 shares of Premier Foods stock in a transaction dated Monday, March 17th. The shares were bought at an average cost of GBX 184 ($2.39) per share, for a total transaction of £12,707.04 ($16,476.97).

Premier Foods Stock Performance

PFD traded up GBX 1 ($0.01) on Friday, hitting GBX 184.80 ($2.40). 59,180,891 shares of the company's stock were exchanged, compared to its average volume of 5,005,214. The firm has a market cap of £1.59 billion, a PE ratio of 14.15, a P/E/G ratio of 1.44 and a beta of 1.08. Premier Foods plc has a twelve month low of GBX 140.20 ($1.82) and a twelve month high of GBX 198.40 ($2.57). The stock has a fifty day moving average of GBX 183.36 and a two-hundred day moving average of GBX 184.96. The company has a current ratio of 1.14, a quick ratio of 0.41 and a debt-to-equity ratio of 25.47.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on PFD shares. Shore Capital reaffirmed a "house stock" rating on shares of Premier Foods in a research report on Tuesday, January 21st. Berenberg Bank reaffirmed a "buy" rating and set a GBX 240 ($3.11) price target on shares of Premier Foods in a research report on Thursday, January 23rd.

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.

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