Alex Whitehouse Sells 367,652 Shares of Premier Foods plc (LON:PFD) Stock

Premier Foods plc (LON:PFD) insider Alex Whitehouse sold 367,652 shares of the business’s stock in a transaction dated Wednesday, March 12th. The shares were sold at an average price of GBX 177 ($2.29), for a total value of £650,744.04 ($841,733.33).

Alex Whitehouse also recently made the following trade(s):

• On Tuesday, February 4th, Alex Whitehouse bought 1,884 shares of Premier Foods stock. The stock was purchased at an average cost of GBX 185 ($2.39) per share, with a total value of £3,485.40 ($4,508.34).

Premier Foods Stock Performance

Shares of PFD stock opened at GBX 180 ($2.33) on Friday. The stock has a market capitalization of £1.55 billion, a PE ratio of 13.79, a price-to-earnings-growth ratio of 1.44 and a beta of 1.08. Premier Foods plc has a 52-week low of GBX 140.20 ($1.81) and a 52-week high of GBX 198.40 ($2.57). The stock’s 50-day moving average price is GBX 183.42 and its 200 day moving average price is GBX 184.73. The company has a quick ratio of 0.41, a current ratio of 1.14 and a debt-to-equity ratio of 25.47.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. Shore Capital reissued a “house stock” rating on shares of Premier Foods in a report on Tuesday, January 21st. Berenberg Bank restated a “buy” rating and issued a GBX 240 ($3.10) price target on shares of Premier Foods in a research report on Thursday, January 23rd.

Premier Foods Company Profile

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.