Premier Foods Plc’s (PFD) Hold Rating Reiterated at Shore Capital

Shore Capital restated their hold rating on shares of Premier Foods Plc (LON:PFD) in a report issued on Wednesday morning.

PFD has been the topic of a number of other research reports. Jefferies Group LLC lowered their price target 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. Credit Suisse Group reissued a neutral rating and set a GBX 43 ($0.57) price target on shares of Premier Foods Plc in a report on Thursday, July 20th.

Premier Foods Plc (LON:PFD) traded up GBX 1.50 ($0.02) during midday trading on Wednesday, hitting GBX 42.75 ($0.56). The company had a trading volume of 1,676,764 shares, compared to its average volume of 604,235. Premier Foods Plc has a 52-week low of GBX 36.50 ($0.48) and a 52-week high of GBX 49 ($0.64).

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

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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