Premium Brands Holdings (PBH) Receives a Buy from RBC Capital

In a new note to investors today, an analyst has provided a rating update for the Consumer Goods sector company, Premium Brands Holdings (PBHResearch Report). Analyst Sabahat Khan from RBC Capital remains bullish on the stock and has a C$102 price target.

According to TipRanks.com, Khan is ranked #2374 out of 5239 analysts.

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Currently, the analyst consensus on Premium Brands Holdings is a Strong Buy with an average price target of C$98.58, implying an 8.6% upside from current levels. In a report released today, Desjardins also reiterated a Buy rating on the stock with a C$105 price target.

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The company has a one-year high of C$103.90 and a one-year low of C$66.99. Currently, Premium Brands Holdings has an average volume of 98.58K.

Premium Brands Holdings Corp. manufactures and distributes a variety of specialty food products. It operates through the following business segments: Specialty Foods and Premium Food Distribution.

The company’s shares closed last Wednesday at C$93.17.