Premier Foods Plc (PFD) Receives “Hold” Rating from Shore Capital

Premier Foods Plc (LON:PFD)‘s stock had its “hold” rating reiterated by research analysts at Shore Capital in a report released on Wednesday.

Other equities research analysts have also issued reports about the company. Credit Suisse Group restated a “neutral” rating and issued a GBX 43 ($0.57) price target on shares of Premier Foods Plc in a research report on Thursday, July 20th. Jefferies Group LLC decreased their price objective on Premier Foods Plc from GBX 46 ($0.61) to GBX 43 ($0.57) and set a “hold” rating on the stock in a report on Wednesday, November 8th.

Shares of Premier Foods Plc (LON:PFD) opened at GBX 38.75 ($0.51) on Wednesday. Premier Foods Plc has a 52-week low of GBX 37.13 ($0.49) and a 52-week high of GBX 49 ($0.64).

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In related news, insider Andrew McDonald sold 38,115 shares of the company’s stock in a transaction that occurred on Friday, October 6th. The stock was sold at an average price of GBX 40 ($0.53), for a total value of £15,246 ($20,052.61). Also, insider Gavin Darby acquired 377,855 shares of the firm’s stock in a transaction that occurred on Tuesday, August 22nd. The stock was acquired at an average price of GBX 40 ($0.53) per share, for a total transaction of £151,142 ($198,792.58).

About Premier Foods Plc

Premier Foods plc is a food company. The Company is engaged in the manufacture and distribution of branded and own label food and beverage products. The Company’s segments include Grocery, Sweet Treats and International. The Grocery segment primarily sells savory ambient food products. The Sweet Treats segment sells sweet ambient food products.

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