I feel the momentum is with pfd and the sp will have a gradual increase. I still feel it was unfortunate the results last week coincided with tesco. A less hostile attitude from the markets with anything remotely connected to good has to happen soon which can only help. 50p by christmas and fingers crossed next results improve. Who knows. Encouraging that brokers are still reasonably positive. All the above based on gut feeling which wouldn't stand up I'm court!
FERNIE...while you've got your crystal ball out, by how much will it drop next week...LOL...looking at this one over the weekend...charts are looking positive in my opinion..anything I should know before plunging in next week.
This śhare was one of my 1st tentative dips into the shark infested world of share dealing and bit my ass badly. I have actually now got enough that 80p will see me back in the black (blue?) but it has given me unrelenting sh1 t for 5 years yet I bought bought back in last week at 27p and ( Funds permitting will buy more next week ) Point is after 5 years I still get an enormous rush when I get it right and the smack in the face bad days make the Blue days all the more sweet. PFD is a classic "what will happen next " share and I love it! (Btw I have been enjoying a particularly nice bottle of Red) Happy Sat.
Premier Foods Plc (LON:PFD)‘s stock had its “buy” rating reiterated by stock analysts at Jefferies Group in a report issued on Thursday. They currently have a GBX 60 ($0.97) price objective on the stock. Jefferies Group’s price target indicates a potential upside of 75.18% from the company’s current price.
A number of other firms have also recently commented on PFD. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Premier Foods Plc in a research note on Wednesday, October 8th. They now have a GBX 70 ($1.13) price target on the stock. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of GBX 80.73 ($1.30).
Shares of Premier Foods Plc (LON:PFD) traded down 13.14% during mid-day trading on Thursday, hitting GBX 29.75. The stock had a trading volume of 5,158,227 shares. Premier Foods Plc has a 52-week low of GBX 26.13 and a 52-week high of GBX 121.851. The stock’s 50-day moving average is GBX 36.33 and its 200-day moving average is GBX 48.55. The company’s market cap is £175.0 million.
Premier Foods plc is an United Kingdom-based company engaged in food manufacturing, processing and distribution.
Been here before and can see the sp imp prove as the money is made in the next few months. There is always talk of a takeover here, but not sure that it will happen until we see the sales improve. Good but strange week. I like this share , some massive moves again. Don't stay away for too long it's a lit of fun and heartache
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