tiprankstipranks
Trending News
More News >

Premier Foods Announces Share Transactions by General Counsel

Story Highlights
  • Premier Foods operates in the food industry, offering branded and own-label products.
  • Simon Rose exercised options and sold shares, affecting internal shareholding dynamics.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Premier Foods Announces Share Transactions by General Counsel

Confident Investing Starts Here:

Premier Foods ( (GB:PFD) ) just unveiled an update.

Premier Foods plc announced a transaction involving Simon Rose, the General Counsel & Company Secretary, who exercised options over 602,931 ordinary shares under the company’s Long Term Incentive Plan. Following this, he sold 344,107 shares at 210p each, while retaining 258,824 shares. Additionally, his daughters, Sophie and Anna Rose, purchased a total of 44,611 shares. This transaction reflects internal movements within the company’s shareholding structure, potentially impacting the company’s market perception and stakeholder interests.

The most recent analyst rating on (GB:PFD) stock is a Hold with a £220.00 price target. To see the full list of analyst forecasts on Premier Foods stock, see the GB:PFD Stock Forecast page.

Spark’s Take on GB:PFD Stock

According to Spark, TipRanks’ AI Analyst, GB:PFD is a Outperform.

Premier Foods shows strong financial health with consistent revenue growth, robust margins, and solid cash flow. The technical indicators suggest potential upward momentum, while recent corporate events highlight confidence and strategic growth. However, the valuation is moderate, with a relatively low dividend yield. Overall, the stock is positioned for growth but with some valuation considerations.

To see Spark’s full report on GB:PFD stock, click here.

More about Premier Foods

Premier Foods plc operates in the food industry, focusing on the production and distribution of branded and own-label food products. The company is known for its diverse range of products, including ambient food items, and serves a broad market with a strong presence in the UK.

Average Trading Volume: 1,396,207

Technical Sentiment Signal: Buy

Current Market Cap: £1.81B

See more data about PFD stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1