PREMIER FOODS P/ADR (OTCMKTS:PRRFY) Downgraded by Zacks Investment Research to Sell

PREMIER FOODS P/ADR (OTCMKTS:PRRFY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued on Saturday, Zacks.com reports.

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 lowered PREMIER FOODS P/ADR from a “hold” rating to a “sell” rating in a report on Tuesday, June 4th.

Shares of PRRFY opened at $2.04 on Friday. PREMIER FOODS P/ADR has a one year low of $1.75 and a one year high of $2.97. The company has a market capitalization of $339.61 million, a price-to-earnings ratio of 4.08, a P/E/G ratio of 0.56 and a beta of 2.17. The business has a fifty day moving average price of $2.15.

About PREMIER FOODS P/ADR

There is no company description available for Premier Foods PLC.

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