Ventum Financial raises Premium Brands' price target to C$120, suggesting a 51.19% upside.

Ventum Financial raised its price target for Premium Brands (TSE:PBH) to C$120.00, suggesting a 51.19% potential upside from the current price of C$79.37. Despite Desjardins lowering its target to C$93.00, both maintain a "buy" rating. Premium Brands, with a market cap of C$3.54 billion, reported a 5.4% increase in revenue to $1.64 billion in Q4. The overall consensus rating is "Moderate Buy" with an average target of C$102.90.