Premier Foods(PFD)

Sector:

Food Producers & Processors

Index:

FTSE 250

Market Cap

£732.69m

Change Today

Price Down-5.25p

Share Price

86.75p

Broker snap: Input costs to hurt Northern Foods

Date: Tuesday 10 Jun 2008

LONDON (ShareCast) - Goldman Sachs has lowered its rating on Northern Foods to ‘neutral’ from ‘buy’, saying that the Goodfellas pizza maker could suffer in coming months if commodity prices stay high.

The broker also cut its target price on the company to 85p from 109p.

It said it will remain cautious on Northern Foods until visibility and cost inflation improve across the food sector.

Goldman also reduced its target price on the Utterly Butterly maker Dairy Crest to 420p from 430p and retained its 125p price target on the Hovis bread maker Premier Foods.

It has ‘neutral’ ratings on both stocks.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Premier Foods Market Data

Currency UK Pounds
Share Price 86.75p Price Down
Change Today -5.25p
52 Week High 257.00p
52 Week Low 72.00p
Volume 12,127,048
Shares Issued 844.60m
Market Cap £732.69m
Beta 0.98
RiskGrade 274

Performance Indicators

Compare performance with the sector and the market.
Find out more
Key: vs Market vs Sector
Value
83.04% above the market average83.04% above the market average83.04% above the market average83.04% above the market average83.04% above the market average
95.56% above the sector average95.56% above the sector average95.56% above the sector average95.56% above the sector average95.56% above the sector average
Price Trend
43.74% below the market average43.74% below the market average43.74% below the market average43.74% below the market average43.74% below the market average
48.94% below the sector average48.94% below the sector average48.94% below the sector average48.94% below the sector average48.94% below the sector average
Income
56.46% above the market average56.46% above the market average56.46% above the market average56.46% above the market average56.46% above the market average
80.00% above the sector average80.00% above the sector average80.00% above the sector average80.00% above the sector average80.00% above the sector average
Growth
53.28% above the market average53.28% above the market average53.28% above the market average53.28% above the market average53.28% above the market average
70.00% above the sector average70.00% above the sector average70.00% above the sector average70.00% above the sector average70.00% above the sector average
Price Chg 6m
33.06% above the market average33.06% above the market average33.06% above the market average33.06% above the market average33.06% above the market average
44.68% above the sector average44.68% above the sector average44.68% above the sector average44.68% above the sector average44.68% above the sector average
P/E Not Available
PEG Not Available
Dividend Yield
64.36% above the market average64.36% above the market average64.36% above the market average64.36% above the market average64.36% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
EPS Growth Not Available
Operating Margin
19.96% below the market average19.96% below the market average19.96% below the market average19.96% below the market average19.96% below the market average
25.58% below the sector average25.58% below the sector average25.58% below the sector average25.58% below the sector average25.58% below the sector average

What The Brokers Say

Strong Buy 4
Buy 1
Neutral 4
Sell 0
Strong Sell 1
Total 10
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Premier Foods Dividends

  Latest Previous
  Interim Final
Ex-Div 26-Nov-08 04-Jun-08
Paid 02-Jan-09 04-Jul-08
Amount 2.20p 2.20p

Trades for 29-Aug-2008

Time Volume / Share Price
16:43 17,122 @ 86.75p
16:35 727,796 @ 86.75p
16:33 150,000 @ 86.71p
16:29 738 @ 87.00p
16:29 15,575 @ 87.00p

Premier Foods Key Personnel

CEO Robert Schofield
CFO Paul Thomas

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