Primo Brands (NYSE:PRMB) Coverage Initiated by Analysts at Deutsche Bank Aktiengesellschaft

Analysts at Deutsche Bank Aktiengesellschaft began coverage on shares of Primo Brands (NYSE:PRMB) in a note issued to investors on Monday. The brokerage set a “buy” rating and a $33.00 price target on the stock. Deutsche Bank Aktiengesellschaft’s target price indicates a potential upside of 16.57% from the company’s previous close.

Primo Brands Trading Down 1.0 %

Shares of PRMB traded down $0.28 during trading hours on Monday, reaching $28.31. 384,308 shares of the company’s stock traded hands, compared to its average volume of 2,836,082. Primo Brands has a 12 month low of $24.41 and a 12 month high of $29.19.