
TSE:PBH
This summary was created by AI, based on 19 opinions in the last 12 months.
Premium Brands Holdings Corp (PBH) is experiencing a mixed landscape according to various expert reviews. While many analysts recognize the company's strong management team and ambitious plans for expansion, particularly in the U.S. market, there are concerns about execution challenges and the pressure from rising beef prices. Despite a decline in share prices, attributed to factors such as inflation and the economic cycle, several experts contend that the long-term outlook remains positive, driven by strategic partnerships and growth in demand for high-quality food products. The company is also in the process of divesting non-core assets to strengthen its balance sheet and is expected to see margin improvement. Overall, numerous analysts express confidence in PBH's strategy and potential for growth, urging investors to maintain a long-term focus despite the current volatility.
Hit a high of $120 in Febuary 2018 and fell to $75 in December. It's now breaking resitance at $84. They just reported a 33% increase in EBITDA, and 40% increase in earnings. EPS is slightly down due to acquisitions. Estimates for this year are 24% and 48% higher next year. The Canadian Pension Board just invested in this. (Analysts’ price target is $90.73)