Premier Foods Plc 30.4% potential upside indicated by Deutsche

Premier Foods Plc with ticker (LON:PFD) now has a potential upside of 30.4% according to Deutsche.



Deutsche set a target price of 210 GBX for the company, which when compared to the Premier Foods Plc share price of 161 GBX at opening today (03/05/2024) indicates a potential upside of 30.4%. Trading has ranged between 112 (52 week low) and 171 (52 week high) with an average of 943,288 shares exchanging hands daily. The market capitalisation at the time of writing is £1,414,989,984.

Premier Foods plc is a United Kingdom-based food producer company. The Company’s segments include Grocery, Sweet Treats, and International. The Grocery segment primarily sells savory ambient food products. The Sweet Treats segment sells primarily sweet ambient food products. The Company operates in approximately 15 sites across the country. It provides a range of retail, wholesale, food service and other customers with its brands. It operates primarily in the ambient food sector across United Kingdom grocery market. It operates in four grocery categories, namely Flavourings & Seasonings; Quick Meals, Snacks & Soups; Ambient Desserts and Cooking Sauces & Accompaniments. In addition, the Company has a portfolio of other branded food products and a non-branded food business, which manufactures products, such as cakes and desserts, on behalf of various United Kingdom food retailers, as well as a business-to-business (B2B) business supplying food products and ingredients.