Premier Foods (OTCMKTS:PRRFY) Upgraded at Barclays

Barclays upgraded shares of Premier Foods (OTCMKTS:PRRFY) to a strong-buy rating in a research report sent to investors on Thursday morning, Zacks.com reports.

Premier Foods Stock Performance

Shares of Premier Foods stock opened at $12.85 on Thursday. The company’s 50 day moving average price is $11.88 and its two-hundred day moving average price is $10.91. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.78 and a current ratio of 1.14. Premier Foods has a fifty-two week low of $6.72 and a fifty-two week high of $12.85.

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.