Deutsche Bank Aktiengesellschaft began coverage on shares of Primo Brands (NYSE:PRMB – Free Report) in a research note released on Monday morning. The brokerage issued a buy rating and a $33.00 price objective on the stock.
Primo Brands Price Performance
PRMB opened at $27.76 on Monday. Primo Brands has a 12-month low of $24.41 and a 12-month high of $29.19.
Primo Brands Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 5th. Investors of record on Friday, November 22nd will be given a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 1.30%. The ex-dividend date of this dividend is Friday, November 22nd.
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