Premier Foods plc (LON:PFD) Insider Purchases £12,707.04 in Stock

Premier Foods plc (LON:PFD) insider Tania Howarth acquired 6,906 shares of the firm’s stock in a transaction on Monday, March 17th. The shares were bought at an average price of GBX 184 ($2.38) per share, for a total transaction of £12,707.04 ($16,425.85).

Premier Foods Trading Up 0.3 %

Shares of LON:PFD traded up GBX 0.60 ($0.01) during trading hours on Monday, hitting GBX 180.60 ($2.33). 586,881 shares of the company’s stock traded hands, compared to its average volume of 4,208,936. The firm has a market capitalization of £1.56 billion, a P/E ratio of 13.83, a price-to-earnings-growth ratio of 1.44 and a beta of 1.08. The business has a fifty day moving average price of GBX 183.42 and a 200-day moving average price of GBX 184.79. Premier Foods plc has a 1 year low of GBX 140.20 ($1.81) and a 1 year high of GBX 198.40 ($2.56). The company has a debt-to-equity ratio of 25.47, a current ratio of 1.14 and a quick ratio of 0.41.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on PFD shares. Shore Capital restated a “house stock” rating on shares of Premier Foods in a report on Tuesday, January 21st. Berenberg Bank reissued a “buy” rating and issued a GBX 240 ($3.10) target price on shares of Premier Foods in a research note on Thursday, January 23rd.

About Premier Foods

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.