Recently stock market analysts have updated their consensus ratings on shares of Premier Foods (LON:PFD). The latest broker reports which are currently outstanding on Wednesday 4th of May state 4 analysts have a rating of “strong buy”, 0 analysts “buy”, 3 analysts “neutral”, 0 analysts “sell” and 0 analysts “strong sell”.
Most recent broker ratings
26/04/2016 – Premier Foods was upgraded to “Buy” by analysts at Jefferies.
They now have a GBP 60.00p price target on the stock.
17th of this month is when PFD announce the preliminary results of the 52 weeks to April.
Oilsup - I imagine this has something to do with the market makers, I'd expect this to rise soon past the 45p mark providing results don't have anything shocking to reveal.
I'm confident that other businesses are interested in PFD, so hopeful on the bid front as well (although this might be optimistic). I also hope PFD can make good strides to address their debt levels, would be fantastic if we see net debt fall at a good rate in the 52 weeks to April.
45p? well we were already there in Nov 2015, but just didn't hold the gains!!! However, we never had the ''insurance'' of a bid behind us like new now do. This time we will be playing for ''keeps'' or else, GD goes and in comes MC, as early as Nov 2016!!!
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