Shore Capital Reaffirms “House Stock” Rating for Premier Foods (LON:PFD)

Premier Foods (LON:PFD)‘s stock had its “house stock” rating reissued by equities research analysts at Shore Capital in a research note issued on Tuesday, MarketBeat reports.

Premier Foods Trading Up 0.9 %

Shares of PFD opened at GBX 185.20 ($2.28) on Tuesday. Premier Foods has a 52-week low of GBX 133.40 ($1.64) and a 52-week high of GBX 198.40 ($2.44). The stock has a market cap of £1.60 billion, a PE ratio of 1,424.62, a price-to-earnings-growth ratio of 1.44 and a beta of 1.08. The firm’s fifty day moving average is GBX 186.12 and its two-hundred day moving average is GBX 181.07. The company has a quick ratio of 0.41, a current ratio of 1.14 and a debt-to-equity ratio of 25.46.

Premier Foods (LON:PFD) last released its earnings results on Thursday, November 14th. The company reported GBX 5.30 ($0.07) earnings per share for the quarter. Premier Foods had a net margin of 9.89% and a return on equity of 8.23%. Research analysts forecast that Premier Foods will post 13.2607117 earnings per share for the current fiscal year.

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.