Premier Foods (LON:PFD) Sets New 1-Year High at $182.00

Shares of Premier Foods plc (LON:PFD) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 182 ($2.38) and last traded at GBX 179.60 ($2.35), with a volume of 3400978 shares. The stock had previously closed at GBX 180.60 ($2.36).

Analysts Set New Price Targets

Separately, Shore Capital reissued a “house stock” rating on shares of Premier Foods in a research note on Thursday, July 18th.

Premier Foods Price Performance

The company has a market capitalization of £1.55 billion, a price-to-earnings ratio of 1,378.92, a PEG ratio of 1.44 and a beta of 1.08. The company has a current ratio of 1.14, a quick ratio of 0.41 and a debt-to-equity ratio of 25.46. The company has a 50 day moving average price of GBX 172.19 and a 200 day moving average price of GBX 162.17.

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.