23:02:09 EDT Tue 01 Jul 2025
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Premium Brands Holdings Corp
Symbol PBH
Shares Issued 44,902,074
Close 2025-03-21 C$ 78.72
Market Cap C$ 3,534,691,265
Recent Sedar Documents

Globe says Premium Brands maintained at "outperform"

2025-03-21 07:20 ET - In the News

The Globe and Mail reports in its Friday, March 21, edition that RBC Dominion Securities analyst Ryland Conrad has reaffirmed his "outperform" recommendation for Premium Brands Holdings. The Globe's David Leeder writes in the Eye On Equities column that Mr. Conrad boosted his share target to $97 from $96. Analysts on average target the shares at $102.89. Mr. Conrad says in a note: "Despite the more challenging operating environment with value-seeking consumers continuing to trade down to discount banners where Premium Brands is under-indexed, in addition to ongoing headwinds for a major foodservice customer and tariff uncertainty, we believe management continues to execute on U.S. growth initiatives including significant capacity expansions, new customer wins and a healthy sales pipeline. While we remain on the sidelines given the more challenging operating/macro backdrop, we continue to see value in the shares reflecting the potential for organic revenue growth to accelerate alongside EBITDA margin expansion in 2025/2026 with any macro improvement being an incremental tailwind." The Globe reported on Feb. 28 that National Bank rated Premium Brands Holdings "sector perform." The shares were then worth $77.72.

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