Todays Report: The Premium Brands Holdings Corp (PBH) PT Raised to C$71.00

The Premium Brands Holdings Corp (PBH) PT Raised to C$71.00

Premium Brands Holdings Corp (TSE:PBH) had its price target boosted by equities research analysts at National Bank Financial from C$64.00 to C$71.00 in a report released on Friday. The firm presently has an “outperform” rating on the stock. National Bank Financial’s price objective would indicate a potential upside of 7.97% from the stock’s previous close.

PBH has been the topic of several other research reports. Canaccord Genuity upped their price objective on shares of Premium Brands Holdings Corp from C$57.00 to C$63.00 and gave the company a “hold” rating in a report on Thursday, October 13th. Scotiabank upped their price objective on shares of Premium Brands Holdings Corp from C$53.00 to C$59.00 and gave the company a “sector perform” rating in a report on Friday, July 8th. TD Securities upped their price objective on shares of Premium Brands Holdings Corp from C$69.00 to C$75.00 and gave the company an “action list buy” rating in a report on Friday, July 8th. Finally, BMO Capital Markets upped their price objective on shares of Premium Brands Holdings Corp from C$60.00 to C$64.00 and gave the company a “market perform” rating in a report on Wednesday, August 10th. Three investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of C$66.17.

Premium Brands Holdings Corp (TSE:PBH) opened at 65.76 on Friday. Premium Brands Holdings Corp has a one year low of $34.02 and a one year high of $66.17. The firm’s 50-day moving average is $62.70 and its 200 day moving average is $57.93. The stock has a market cap of $1.96 billion and a P/E ratio of 38.14.

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