Are Analysts Bearish Premium Brands Holdings Corporation (TSE:PBH) After Last Week?

February 15, 2018 - By Adrian Erickson

 Are Analysts Bearish Premium Brands Holdings Corporation (TSE:PBH) After Last Week?
Investors sentiment increased to 1.64 in 2017 Q3. Its up 0.34, from 1.3 in 2017Q2. It increased, as 19 investors sold Premium Brands Holdings Corporation shares while 57 reduced holdings. 32 funds opened positions while 93 raised stakes. 56.08 million shares or 5.89% more from 52.96 million shares in 2017Q2 were reported.
Acadian Asset Mgmt Llc owns 0.06% invested in Premium Brands Holdings Corporation (TSE:PBH) for 270,665 shares. Tudor Inv Corp Et Al holds 5,714 shares. Pub Employees Retirement Sys Of Ohio invested in 16,465 shares. Tiverton Asset Mgmt Limited Liability Co accumulated 0.07% or 26,402 shares. 5,115 are held by Smithfield. The North Carolina-based Financial Bank Of America De has invested 0% in Premium Brands Holdings Corporation (TSE:PBH). State Of Wisconsin Invest Board stated it has 39,000 shares or 0.01% of all its holdings. Ing Groep Nv has 6,491 shares. Ubs Asset Mgmt Americas has invested 0% in Premium Brands Holdings Corporation (TSE:PBH). Willingdon Wealth Mngmt reported 193 shares. Tiaa Cref Invest Mngmt Ltd Co holds 0.01% of its portfolio in Premium Brands Holdings Corporation (TSE:PBH) for 255,051 shares. California State Teachers Retirement System holds 0.01% of its portfolio in Premium Brands Holdings Corporation (TSE:PBH) for 85,350 shares. Mutual Of America Cap Mngmt Limited Liability Corp has 0.08% invested in Premium Brands Holdings Corporation (TSE:PBH). Friess Associate accumulated 0.4% or 91,468 shares. Washington Capital Management has 0.43% invested in Premium Brands Holdings Corporation (TSE:PBH) for 8,000 shares.

Premium Brands Holdings Corporation (TSE:PBH) Ratings Coverage

Among 7 analysts covering Premium Brands (TSE:PBH), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Premium Brands had 37 analyst reports since July 29, 2015 according to SRatingsIntel. The rating was maintained by TD Securities on Thursday, August 11 with “Action List Buy”. RBC Capital Markets maintained it with “Outperform” rating and $78 target in Monday, January 16 report. Scotia Capital maintained the stock with “Sector Perform” rating in Friday, August 7 report. As per Friday, November 4, the company rating was maintained by Scotia Capital. The stock of Premium Brands Holdings Corporation (TSE:PBH) has “Buy” rating given on Monday, October 19 by TD Securities. The rating was maintained by BMO Capital Markets on Friday, June 23 with “Market Perform”. The firm has “Market Perform” rating given on Thursday, August 17 by BMO Capital Markets. Below is a list of Premium Brands Holdings Corporation (TSE:PBH) latest ratings and price target changes.

23/11/2017 Broker: National Bank Canada Rating: Outperform Old Target: $110.00 New Target: $115.00 Target Up
23/11/2017 Broker: PI Financial Rating: Buy Old Target: $112.00 New Target: $115.00 Target Up
23/11/2017 Broker: RBC Capital Markets Rating: Outperform Old Target: $111.00 New Target: $118.00 Target Up
23/11/2017 Broker: Scotia Capital Rating: Sector Perform Old Target: $96.00 New Target: $97.50 Target Up
23/11/2017 Broker: TD Securities Rating: Action List Buy Old Target: $120.00 New Target: $125.00 Target Up
17/08/2017 Broker: BMO Capital Markets Rating: Market Perform New Target: $106.00 Maintain
17/08/2017 Broker: National Bank Canada Rating: Outperform Old Target: $105.00 New Target: $110.00 Target Up
17/08/2017 Broker: RBC Capital Markets Rating: Outperform Old Target: $11.00 New Target: $109.00 Target Down
17/08/2017 Broker: Scotia Capital Rating: Sector Perform Old Target: $88.00 New Target: $93.00 Target Up
17/08/2017 Broker: TD Securities Rating: Buy Old Target: $92.00 New Target: $122.00 Target Down

The stock decreased 0.78% or $0.83 during the last trading session, reaching $105.7. About 33,659 shares traded. Premium Brands Holdings Corporation (TSE:PBH) has 0.00% since February 15, 2017 and is . It has underperformed by 16.70% the S&P500.

Premium Brands Holdings Corporation makes and distributes food products in Canada and the United States. The company has market cap of $3.27 billion. It operates through two divisions, Specialty Foods and Premium Food Distribution. It has a 37.93 P/E ratio. The firm provides premium and natural processed meat products, specialty deli products, meat snacks, beef jerky and halal products, sandwiches, pastries, specialty and gourmet products, salads and kettle products, entres, panini products, wraps, subs, hamburgers, burgers, muffins, breads, specialty pastas, and sushi products.

More notable recent Premium Brands Holdings Corporation (TSE:PBH) news were published by: Pehub.com which released: “Premium Brands buys PE-backed Raybern Foods” on November 27, 2017, also Seekingalpha.com with their article: “Premium Brands Holdings’ (PRBZF) CEO George Paleologou on Q3 2017 Results …” published on November 15, 2017, Seekingalpha.com published: “Premium Brands Holdings’ (PRBZF) CEO George Paleologou on Q4 2016 Results …” on March 16, 2017. More interesting news about Premium Brands Holdings Corporation (TSE:PBH) were released by: Seekingalpha.com and their article: “Premium Brands Holdings’ (PRBZF) CEO George Paleologou on Q2 2017 Results …” published on August 14, 2017 as well as Seekingalpha.com‘s news article titled: “Premium Brands Holdings Corp.: Over-The-Top Valuation” with publication date: November 04, 2017.

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