William Blair analyst Jon Andersen has maintained their bullish stance on PRMB stock, giving a Buy rating today.
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Jon Andersen has given his Buy rating due to a combination of factors that suggest long-term potential for Primo Brands despite recent setbacks. Although the company’s EBITDA for the second quarter of 2025 fell short of expectations, management remains optimistic about future growth. They have outlined strategies to enhance retail distribution, improve direct delivery services, and expand their premium water segment.
Furthermore, management has observed an increase in demand for healthy hydration products, and Primo has gained market share in retail as of July. These initiatives and market trends indicate that Primo is well-positioned to recover and grow beyond 2025, justifying Andersen’s positive outlook and Buy rating.
In another report released today, Barclays also maintained a Buy rating on the stock with a $38.00 price target.
Based on the recent corporate insider activity of 50 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PRMB in relation to earlier this year.