Premier Foods (OTCMKTS:PRRFY) Upgraded by Royal Bank of Canada to Moderate Buy Rating

Royal Bank of Canada upgraded shares of Premier Foods (OTCMKTS:PRRFY) to a moderate buy rating in a research report sent to investors on Monday morning,Zacks.com reports.

Separately, Barclays upgraded Premier Foods to a “strong-buy” rating in a report on Thursday, October 10th.

Premier Foods Price Performance

Shares of OTCMKTS:PRRFY opened at $12.26 on Monday. Premier Foods has a 12-month low of $7.89 and a 12-month high of $12.85. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.14 and a quick ratio of 0.78. The company’s fifty day moving average is $12.50 and its two-hundred day moving average is $11.50.

About Premier Foods

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.