PREMIER FOODS P/ADR (OTCMKTS:PRRFY) Raised to “Buy” at Zacks Investment Research

Zacks Investment Research upgraded shares of PREMIER FOODS P/ADR (OTCMKTS:PRRFY) from a sell rating to a buy rating in a research report released on Wednesday morning, Zacks.com reports. They currently have $2.50 target price on the stock.

According to Zacks, “Premier Foods plc, along with its subsidiaries, is engaged in the manufacturing, processing, and distribution of food and beverage products in the United Kingdom and other European countries. The Company operates in three divisions: Grocery, Hovis and Chilled. Grocery division is comprised of cakes, soups, vegetables, stocks, gravies, spreads, desserts. Hovis segment is comprised of wrapped bread, morning goods, and frozen part-baked products. The chilled segment is comprised of chilled and frozen meat-free products and chilled ready meal. The top brands offered by the company include: Hovis, Mr. Kipling, Quorn, Sharwoods, Cadbury, Bisto, Branston, Ambrosia, Loyd Grossman and Batchelors. Premier Foods plc is headquartered in St Albans, the United Kingdom. “

Separately, ValuEngine upgraded Ultrapar Participacoes from a strong sell rating to a sell rating in a report on Tuesday, June 4th.

OTCMKTS PRRFY opened at $2.35 on Wednesday. The business’s 50-day moving average is $2.14. The firm has a market cap of $395.09 million, a P/E ratio of 4.70, a PEG ratio of 0.66 and a beta of 2.02. PREMIER FOODS P/ADR has a 1 year low of $1.75 and a 1 year high of $2.97.

About PREMIER FOODS P/ADR

There is no company description available for Premier Foods PLC.

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