Premier Foods (OTCMKTS:PRRFY) Raised to “Strong-Buy” at Barclays

Barclays upgraded shares of Premier Foods (OTCMKTS:PRRFY) to a strong-buy rating in a report released on Thursday, Zacks.com reports.

Premier Foods Stock Performance

Premier Foods stock opened at $12.85 on Thursday. The business has a 50 day moving average of $11.88 and a 200-day moving average of $10.90. Premier Foods has a 1 year low of $6.72 and a 1 year high of $12.85. The company has a quick ratio of 0.78, a current ratio of 1.14 and a debt-to-equity ratio of 0.25.

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.