Premier Foods (OTCMKTS:PRRFY) Rating Increased to Moderate Buy at Royal Bank of Canada

Premier Foods (OTCMKTS:PRRFY) was upgraded by equities researchers at Royal Bank of Canada to a “moderate buy” rating in a research note issued to investors on Monday,Zacks.com reports.

Separately, Barclays raised shares of Premier Foods to a “strong-buy” rating in a report on Thursday, October 10th.

Premier Foods Price Performance

Shares of PRRFY opened at $12.26 on Monday. The company has a quick ratio of 0.78, a current ratio of 1.14 and a debt-to-equity ratio of 0.25. The business’s 50 day moving average is $12.50 and its two-hundred day moving average is $11.50. Premier Foods has a 52-week low of $7.89 and a 52-week high of $12.85.

About Premier Foods

Premier Foods plc, together with its subsidiaries, manufactures and distributes branded and own label food products in the United Kingdom, other European countries, and internationally. The company operates through Grocery, Sweet Treats, and international segments. It offers a portfolio of product categories, including flavorings and seasonings under the Bisto, OXO, Paxo, and Saxa brands; cooking sauces and accompaniments under the Sharwood's, Loyd Grossman, Spice Tailor and Homepride brands; quick meals, snacks, and soups under the Batchelors and Smash brands; ambient desserts under the Ambrosia, Bird's, and Angel Delight brands; and ambient cakes under the Mr Kipling and Cadbury brands.