Premier Foods Plc (LON:PFD) Upgraded to “Hold” by Shore Capital

Shore Capital upgraded shares of Premier Foods Plc (LON:PFD) to a hold rating in a research note issued to investors on Thursday morning.

PFD has been the subject of a number of other reports. Jefferies Group LLC increased their price target on Premier Foods Plc from GBX 43 ($0.56) to GBX 46 ($0.60) and gave the company a hold rating in a research note on Monday, July 10th. Investec reiterated a hold rating and issued a GBX 48 ($0.63) price target on shares of Premier Foods Plc in a research note on Thursday, May 25th. Finally, Credit Suisse Group reiterated a neutral rating and issued a GBX 40 ($0.52) price target on shares of Premier Foods Plc in a research note on Wednesday, March 29th.

Premier Foods Plc (LON PFD) traded up 1.25% during midday trading on Thursday, hitting GBX 40.50. The stock had a trading volume of 375,762 shares. The company has a 50-day moving average of GBX 40.21 and a 200-day moving average of GBX 41.94. Premier Foods Plc has a 1-year low of GBX 38.00 and a 1-year high of GBX 57.00. The stock’s market cap is GBX 337.13 million.

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Premier Foods Plc Company Profile

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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