Premium Brands Holdings Co. (OTCMKTS:PRBZF) Given Average Rating of “Moderate Buy” by Brokerages

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

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

Premium Brands Stock Up 1.0%

Shares of PRBZF stock opened at $56.48 on Thursday. The firm has a 50 day moving average of $60.89 and a 200-day moving average of $63.40. Premium Brands has a 52 week low of $55.85 and a 52 week high of $77.81.

Premium Brands Company Profile

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.